RM1.6b annual sales for KLIA2 retailers seen

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB), which will start awarding concessions to retailers for KLIA2 in April, expects the concessionaires to help it achieve annual sales of RM1.6bil once the new low-cost carrier terminal (LCCT) runs at full capacity.

MAHB is currently registering annual sales of RM1.3bil from all 39 airports it operates. Of this, RM900mil is derived from sales at the KL International Airport (KLIA) in Sepang.