Malaysia Airports will allocate about RM11 billion in capital expenditure (capex) over the next five years to support airport infrastructure expansion and modernisation across its network nationwide.
Its managing director Datuk Mohd Izani Ghani said the investment reflects the airport operator’s long-term commitment to strengthening airport capacity, operational resilience, infrastructure modernisation and passenger growth.
The airport operator announced the allocation during its inaugural Procurement and Project Showcase, a new recurring industry engagement platform aimed at strengthening ecosystem readiness ahead of a growing pipeline of airport development projects nationwide.
“As airport infrastructure projects become larger and more complex, the industry ecosystem must evolve together with it.
“Through this platform, we wanted to provide clearer visibility into where the opportunities are heading so that contractors, suppliers and partners can prepare earlier and scale their capabilities with greater confidence,” Mohd Izani said in a statement today.
He said Malaysia Airports would also benefit from a more prepared and capable ecosystem capable of supporting faster, safer and higher-quality project delivery.
The showcase gathered contractors, consultants, suppliers, specialists and industry partners from across the infrastructure delivery chain to encourage earlier collaboration, stronger market readiness and better long-term planning for upcoming airport projects.
Malaysia Airports said the platform also reflected broader efforts to build a more agile, future-ready and well-coordinated ecosystem to support increasing airport capacity, operational resilience, infrastructure modernisation and passenger growth nationwide.
The inaugural session featured projects and initiatives across five key strategic focus areas, namely capacity expansion and future growth, asset renewal and operational resilience, passenger experience and service optimisation, smart airport and technology enablement as well as sustainability and future-ready infrastructure.
Among major projects highlighted under capacity expansion are the KL International Airport (KLIA) Development Plan aimed at supporting future passenger capacity growth beyond 100 million annually, the expansion of Penang International Airport from 6.5 million to 12 million passengers annually, and proposed upgrading works at Kota Kinabalu International Airport to increase capacity from nine million to 12 million passengers annually.
Meanwhile, chief development officer Steven Andersen said delivery readiness and execution capabilities across the infrastructure ecosystem would become increasingly important as airport projects continue to grow in scale and complexity.
“Platforms like this allow us to engage the market earlier, encourage more meaningful partnerships and create a stronger pipeline of specialised expertise that can support the scale and complexity of future airport developments across the network,” he added.
Malaysia Airports also acknowledged the support of the Construction Industry Development Board (CIDB) of Malaysia in facilitating industry engagement initiatives aimed at strengthening local contractor participation and competitiveness within the infrastructure sector.
Source: The Star