Malaysian company seriously interested in the airports of Ukraine

Malaysian company seriously interested in the airports of Ukraine

08.08.2016 News

ukraine_aeportMalaysian companies can become participants in the management of the airports of Ukraine, Najib Razak (Najib Tun Razak) said Malaysian Prime Minister after talks with President of Ukraine Petro Poroshenko at a joint news conference in Malaysia.

Julia Kovalev, First Deputy Minister of Economic Development and Trade of Ukraine explained, that here is we are talking about Malaysia Airports Holdings Berhad (MAHB, Malaysia Airports), which successfully manages the second largest airport of Istanbul – Sabiha Gokcen.

“It was about the possibility of bringing in such an efficient operator for the management of our largest airports in Ukraine – under the terms of public partnership or concession -. In the first place, the conversation was about the” Boryspil “, – said Kovalev.
She said that the Ukrainian side has invited representatives of MAHB to Ukraine.

“To discuss whether our legislation is sufficient to implement this idea, or it will be necessary to change the law”, – explained Julia Kovalev.

Malaysia Airports manages five international and 16 domestic airports in Malaysia (and 18 airports for short take-off and landing) and Sabiha Gokcen Airport in Istanbul (since 2008) and Rajiv Gandhi Hyderabad in India (since 2003). Previously, the company was the operator of the airport – Astana, in Kazakhstan (2007-2009) and Indira Gandhi, in New Delhi (2007-2015). The company’s shares are traded on the stock exchange of Malaysia since 1999.

Revenues of Malaysia’s Airports, in the first half of 2016 increased by 11.1% – to 493.7 million dollars, EBITDA – by 28.1%, while profit after tax – 2.3 times.

Number of passengers for this period increased by 4.2% – to 56.3 million, including in overseas destinations – 12% to 14.2 million.

Read more: The EU will allocate 1.6 million for improve the air legislation of Ukraine

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