KUALA LUMPUR, Jan 23 -- AirAsia Bhd has received numerous enquiries from domestic and international investors expressing interest to participate in the new low-cost carrier terminal in Labu, Negeri Sembilan.
KLIA-East, to be built on a 2,800 hectares, estimated to cost RM1.6 billion, is a private fund initiative, AirAsia said in a statement Friday.
AirAsia said since the Cabinet's approval of the Central Malaysian Vision Valley project, of which the KLIA-East LCCT is a vital component, AirAsia and Sime Darby have been in negotiations to finalise the details.
"We look forward to presenting the Deputy Prime Minister Datuk Seri Najib Tun Razak a detailed briefing on KLIA-East and the advanced plans we have developed for making the Kuala Lumpur the regional hub for low-cost carriers," the company said.
AirAsia also appreciated Najib's willingness to explore all options in helping to overcome the appalling conditions LCCT passengers face daily at the crowded Sepang LCCT.
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