Why spend RM300mil for Subang airport regeneration plan, govt asked

Free Malaysia Today

An expert report suggests the project will disadvantage KLIA and may not benefit Subang airport.   Read More: https://www.freemalaysiatoday.com/category/nation/2023/08/01/why-spend-rm300mil-for-subang-airport-regeneration-plan-govt-asked/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: http://bit.ly/2Rn6xEV Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on Twitter: http://bit.ly/2OCwH8a  Follow FMT on Instagram: https://bit.ly/2OKJbc6 Follow FMT on TikTok : https://bit.ly/3cpbWKK Follow FMT Telegram - https://bit.ly/2VUfOrv Follow FMT LinkedIn - https://bit.ly/3B1e8lN Follow FMT Lifestyle on Instagram: https://bit.ly/39dBDbe ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #SubangAirport #JointVenture #RegenerationPlan

Transcript

00:00 "Why regenerate Subang Airport using 300 million ringgit in taxpayer funds, despite

00:07 expert advice questioning its viability," said an aviation industry insider.

00:14 In June, Transport Minister Lok Siu Fok announced that the Cabinet had approved the redevelopment

00:19 of Subang's Sultan Abdul Aziz Shah Airport, with design and other details to be finalised

00:25 within a month.

00:28 The decision followed a proposal by Malaysia Airport's Holdings Berhad to redevelop SZB

00:34 into a regional aviation hub in a joint venture with Subang Skypark Sendirian Berhad, a subsidiary

00:40 of WCT Holdings Berhad owned by property tycoon Desmond Lim.

00:47 The well-placed source said the joint venture plans to seek as much as R290 million in taxpayer

00:53 funds for the project, which will involve the construction of a brand new green airport

00:58 terminal, commercial buildings and a car park.

01:03 It is understood that MAHP's board approved the plan despite a feasibility study generating

01:10 unfavourable results and without the proposal being referred to the Finance and Transport

01:15 Ministries.

01:17 The study, conducted by Netherlands Airport Consultants, a renowned consultant based in

01:23 The Hague, said the plan will eat into traffic at the Kuala Lumpur International Airport

01:28 and may cause Malaysia's premier international airport a loss of up to 2 million passengers

01:33 annually.

01:35 Another source also questioned the plan, saying the process does not sit well with the unity

01:41 government's "madani" aspirations of good governance, transparency and accountability.

01:47 [MUSIC PLAYING]

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