No plan to sell Subang airport, govt says

The government today denied talk on the possible sale of the Sultan Abdul Aziz Shah Airport (LTSAAS), saying it has no plans to sell any airport to any party.

In a statement, the finance ministry said airport properties are a strategic asset of the government, and that Malaysia Airports Holdings Bhd (MAHB) still has a lease for 60 years until 2067, including on the land where LTSAAS is located.

It added that LTSAAS is one of 39 airports under MAHB’s management in accordance with its agreement with the government in 2009.

“MAHB is not the owner of any of these airports,” it said.

“As of now, MAHB is still the authorised party responsible for developing LTSAAS’ assets.

“Any effort to maximise the value of LTSAAS assets will not involve its sale.”

The transport ministry added that no decision has been made by the Cabinet on the approval of sale for any part of LTSAAS to the private sector.

In a separate statement, the ministry said the operation rights remain under the agreement between the government and MAHB to operate, manage and maintain including settling, using and controlling LTSAAS until 2034 and 2067.

“MAHB is responsible for developing LTSAAS as an international aerospace hub based on the Cabinet’s decision on March 2, 2005. No other decision was made to change this matter.”

It also reiterated that care and consideration is needed before any decision is made on assets that benefit Malaysians such as LTSAAS.

“Therefore, the public is asked to refrain from disseminating misinformation on this matter,” it said, adding that action will be taken against those found spreading such news.