Malaysia Airports Calls for Tender Of 226 Commercial Lots As Traffic Gradually Improves At Airports Nationwide

2021-12-14

Malaysia Airports is undergoing an open tender exercise for 226 commercial lots following the recent improvement in air traffic movements as a result of the easing of air travel restrictions. Currently, airports nationwide have a total of 808 commercial outlets, whereby about 70% have been tendered out previously and majority of this has been awarded. In executing the Group’s commercial reset initiative, this last leg of the tender for 226 commercial lots is the concluding phase to attract both local and global players to participate in offering new brands at the airports nationwide. Malaysia Airports' main aim is to enhance the retail offerings and provide unique travelling experience to airports guests.

According to the Managing Director of Malaysia Airports, Dato’ Iskandar Mizal Mahmood, “Pre-COVID-19, the non-aeronautical segment makes up about half of the Group's total revenue. In 2019, 47% of total revenue was contributed by this segment which include the commercial and retail business. The commercial reset initiative was identified as mission critical, and its implementation continued despite the impact of the pandemic to the Group's financial performance. We wanted to ensure that we are ready to welcome the return of passengers with exciting new retail offerings and experience, hence we welcome the participation of both local and global brands to help realise our commercial reset objectives."

Langkawi International Airport is a showcase of a successful commercial reset implementation. The airport now boasts of having the island’s first Burger King, Ya Kun Kaya Toast and Costa Coffee outlets. Meanwhile, in KL International Airport, Din by Din Tai Fung also opened its first outlet in an airport.

Following the abovementioned retail opportunities, interested bidders can visit https://vms.malaysiaairports.com.my for more information on the tender briefing dates.

1. Retail