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Malaysia Airports to spend more to upgrade facilities

To expand terminals' capacities, expect Turkish operations to turn profitable

Ground crew work among Malaysia Airlines planes on the runway at Kuala Lumpur International Airport in Sepang.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia Airports Holdings said Friday it plans to raise spending to maintain and upgrade some of its overcrowded terminals even as passenger traffic growth could moderate in 2018.

Expenditure could rise about 30% annually over the next three years, Managing Director Badlisham Ghazali said at a news conference. The company will expand capacity of Kuala Lumpur International Airport and other select terminals to capture traffic growth, he said.

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