Malaysia Airports Holdings Bhd (MAHB) has been granted a land lease of 60 years, on a rolling basis, by the Finance Ministry.

This applies to land at KLIA and other airports.

MAHB, in a filing to Bursa Malaysia today, said the land lease agreement will include the remaining existing land lease period of 18 years.

Meanwhile, for the new Aeropolis projects, the land lease, on a rolling basis, has been granted for 60 years, it added.

- Bernama