Page 129 - Malaysia Baharu 2018
P. 129
STRATEGY 3:
Raising Government Revenue
Leveraging assets 6 | MALAYSIAN ECONOMY
Seek to reduce the Government stake in non-strategic companies and utilise
the proceeds to pare down debt.
Implement the real form of Public Private Partnership (PPP).
~ For public projects based on land swap transactions using an open tender
mechanism and not direct negotiations.
Implement scheduled and staggered land sales via auction to highest
bidders.
Intends to set up Airport Real Estate Investment Trust (REIT) to privatise
infrastructure assets.
~ The investors of the Airport REIT will receive
returns arising from user fees collected from
Malaysia Airports Holdings Bhd (MAHB).
~ This REIT exercise will only be carried out
after the Regulated Asset Base and user
fees structure has been negotiated and
finalised.
127
Raising Government Revenue
Leveraging assets 6 | MALAYSIAN ECONOMY
Seek to reduce the Government stake in non-strategic companies and utilise
the proceeds to pare down debt.
Implement the real form of Public Private Partnership (PPP).
~ For public projects based on land swap transactions using an open tender
mechanism and not direct negotiations.
Implement scheduled and staggered land sales via auction to highest
bidders.
Intends to set up Airport Real Estate Investment Trust (REIT) to privatise
infrastructure assets.
~ The investors of the Airport REIT will receive
returns arising from user fees collected from
Malaysia Airports Holdings Bhd (MAHB).
~ This REIT exercise will only be carried out
after the Regulated Asset Base and user
fees structure has been negotiated and
finalised.
127
