KL airport deal signed

KL airport deal signed

KUALA LUMPUR (AFP): A Malaysian-British joint venture
yesterday signed a deal with Malaysia Airports Bhd. (MAB) to
manage the design, construction and commissioning of four
projects at the new Kuala Lumpur International Airport.

Sepakat Setia Perunding-Tarmac Black Veatch Sdn. Bhd. will
manage the design, construction and commissioning of car parks,
car rental facilities, a foodcourt and common amenities worth 300
million ringgit (US$120 million).

"All these four business packages are financed fully by MAB,"
its managing director Khairuddin Ibrahim said at the signing of
the project management consultancy agreement.

The eight-billion-ringgit airport, about 30 kilometers (14
miles) from Kuala Lumpur, is expected to be completed late next
year.

Khairuddin said the short-term and long-term car park projects
will cost 255 million ringgit.

The short-term car park project is for a covered seven-story
building which can accommodate 6,500 cars while the long-term car
park has 6,000 bays.