Thursday, March 3, 2011

MAHB ... Mar11

It has reached another milestone in its quest to enter China with the signing of a joint cooperation agreement (JCA) with Nagamas Enterprise Hong Kong Ltd (NEL).

The JCA will allow MAHB to help Nagamas Enterprise, a unit of Malaysia's Nagamas International Bhd, develop and expand a small airport in Yongzhou City in Hunan province.

MAHB, through its subsidiary, Malaysia Airports Consultancy Services Sdn Bhd, will conduct more studies with NEL to see how both parties can develop the Yongzhou Lingling Airport.

The JCA with NEL is a follow up to the memorandum of understanding signed between MAHB and provincial government of Hunan in 2010. NEL also signed JCA with Yongzhou municipal government to design, build and develop Yongzhou airport into logistic hub, halal hub as well as umrah and haj centres.

It wants to develop the Yongzhou airport into a regional hub.

Apart from China, MAHB is also negotiating with several foreign parties to manage and operate airports in their countries.

MAHB is currently bidding for the development of Madinah Airport in Saudi Arabia. MA has been shortlisted. But the authorities have extended the deadline to announce the winner to one or two months. The bidding was supposed to close by the end of Feb 2011.

A consortium, whose members included MAHB, has been prequalified to bid for work of the first phase of the extension of Prince Mohammed Bin Abdulaziz Airport in Madinah. Other members in the consortium included Bakri International Energy Co, Almabani General Contractors-Impregilo SpA and Riyad Bank.

The MAHB consortium is one of eight consortias shortlisted by the General Authority of Civil Aviation of Saudi Arabia to bid for the US$1.5 billion (RM4.58 billion) development, which is part of a wider US$10.5 billion (RM32.03 billion) project to reform and liberalise the kingdom's airport sector.

MAHB's other overseas ventures are in India (Delhi and Hyderabad International airports), Turkey (Istanbul Sabiha Gokcen International Airport) and Maldives (Male International Airport).

No comments: