MAHB to ask for OA review

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is negotiating with the government to review the current operating agreement (OA) for better terms which will allow it to recoup any capital expenditure (capex) used for the development of airports under its management.

Acting group chief executive officer Raja Azmi Raja Nazuddin said the review would be made in conjunction with the Malaysian Aviation Commission's proposal to move towards a Regulated Asset Base (RAB) framework which would enable the company to be more effective in enhancing airport facilities nationwide.