Senai Airport City is now home to key sectors such as artificial intelligence (AI), advanced electrical and electronics (AE&E), electric vehicles (EVs), healthcare and life sciences, and regional distribution centres (RDCs).
Malaysia Airports Holdings Bhd (MAHB) said the upgraded facilities mark a significant milestone for the airport and the northern region of Peninsular Malaysia.
NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose 1.
Selangor Menteri Besar Datuk Seri Amirudin Shari said this is in addition to the 100 temporary accommodation houses offered by the Selangor Housing and Property Board (LPHS) which had been agreed upon previously.
The Subang airport expansion plan aims to increase capacity to five million passengers annually in three to four years, and up to eight million by 2030.
When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.
“The board is confident in Wan Zakariah’s ability to fulfill this role, given his extensive experience and leadership as the group managing director,” the company said.
In tandem with the third phase of Senai Airport City’s industrial development expansion measuring some 300 acres, NISB has been appointed as the contractor for earthworks to provide investors with industrial plots ready with platform and corresponding infrastructure.
There is a need for the industry to have regulatory clarity that does not hinder the sector's potential, especially as it plays an increasingly significant role in driving tourism, Airbnb’s Asia-Pacific public policy director Mich Goh said during the roundtable discussion on Malaysia's tourism growth.
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