Business

Published: Friday October 9, 2009 MYT 2:46:00 PM

Malaysia Airports plans substantial investment in retail services


SEPANG: Malaysia Airports Holdings Bhd (MAHB) is planning a substantial investment to beef up its retail shopping and services to capture the higher revenue potential.

Its chairman, Tan Sri Dr Aris Othman said a major renovation of its satellite building at the Kuala Lumpur International Airport (KLIA), is nearing completion.

According to Aris, MAHB will now focus on renovations to the main terminal building at the KLIA to enhance and modernise the retail facilities there.

"We realise we cannot rely on airport charges alone as it tends to remain stagnant or low, due to the competitiveness of many airports around the world," he said during the graduation ceremony of 194 airport security staff here Friday.

Aris said with the completion of the new low cost carrier terminal (LCCT) by the fourth quarter of 2011, a more enhanced shopping experience would be available.

Works on the new LCCT, he said, will commence next month and the total construction cost is RM2 billion.

He also said there would be no compromise in terms of airport security, inspite the economic slowdown.

Aris highlighted that the MAHB had 2,500 security personnel and this number would be increased based on future requirements.

"As airports are the main gateway into the country, MAHB takes security issues seriously.

"We also work closely with the police on this matter," he added.

Selangor chief police officer (CPO) Datuk Khalid Abu Bakar said criminal activities such as drug smuggling at the KLIA is well within control as the police force worked closely with foreign agencies on enforcement. - BERNAMA

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