The Malaysian government is advancing its privatization plan for the Malaysian Airports Management and Operations Company (MAHAP), despite significant opposition. Prime Minister Anwar Ibrahim has defended the deal, which would see Global Infrastructure Partners (GIP), a subsidiary of BlackRock, acquire a 30% stake in the airports company that operates 39 of Malaysia's 40 airports. Critics argue that this partnership threatens national security and aligns Malaysia with companies implicated in supporting Israeli military actions against Palestinians. The opposition raises concerns about the implications for Malaysia's sovereignty and the potential for foreign influence over its airports.
Malaysia's Airport Privatization Sparks Controversy: What You Need to Know
2024-09-15T09:23:42.247Z