The Sabah State Government's strategic investment arm Qhazanah Sabah Bhd has signed an MoU with renowned property developer Berjaya Land Berhad to explore the possible relocation of the Kota Kinabalu International Airport to Kimanis, Papar.
At the MoU signing, Qhazanah was represented by its Group CEO Ahmad Rizal Dahli.
Signing on behalf of Berjaya Land was its Deputy Chairman and Berjaya Corporation Berhad Joint Group CEO Syed Ali Shahul Hameed.
"The MoU establishes preliminary collaboration between both companies, paving the way for [Qhazanah] to carry out feasibility studies and exploratory works for the proposed project. Everything is preliminary at the moment until consensus with all relevant stakeholders is reached," said Ahmad in a statement