Malaysia to build aviation hub to complement Changi
Singapore
MALAYSIA launched a plan on Monday to transform the hectares of empty land around the country's main airport in Sepang into an aviation hub by pulling in air cargo, logistics, aerospace and aviation services. The project surrounding the Kuala Lumpur International Airport is called KLIA Aeropolis, which has a total land area of 100 square kilometres.
Airport operator Malaysia Airports Holdings Berhad (MAHB), which is behind the project, also wants to bring meetings and conventions facilities to Sepang, located about an hour away by car from downtown Kuala Lumpur.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender
US mortgage rates up for fifth week at 7.22%
Amsterdam parking space up for grabs for half-a-million euros
Where innovation and play meet: Singapore Science Park welcomes new ‘mini city’ concept