Malaysia's first airport REIT expected to spur higher private investments

Malaysia's first airport REIT expected to spur higher private investments

Ground crew work among Malaysia Airlines planes on the runway at Kuala Lumpur International Airport (KLIA) in Sepang July 25, 2014. REUTERS/Olivia Harris/Files

Malaysia’s plan to develop the world’s first-ever airport Real Estate Investment Trust (REIT) is part of the government’s plan to spur higher private sector involvement in the field, said transport minister Anthony Loke.

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