Thursday November 17, 2011
MORE than 400 potential retailers are bidding for the 225 commercial lots at the KLIA2 next generation budget terminal LCCT which is expected to be completed by October 2012.
Its highly anticipated retail proposition was unveiled by Malaysia Airports Holdings Berhad (Malaysia Airports) managing director Tan Sri Bashir Ahmad.
“The main objective is to leverage on the popularity of low-cost travel and transform KLIA2 into a destination that provides opportunities for leisure, shopping, tourism, business opportunities and employment,” said Bashir.
In presenting the KLIA2 brand value, senior general manager (commercial services – Malaysia Airports) Faizah Khairuddin said MAHB has projected more than RM1.2bil in sales in the first year alone.
“The response to the retail proposition has been overwhelming. We will carry out tenders in two batches with the first starting in the first week of December and the second to be held from Feb 15, 2012. The final list will be confirmed by July,” added Faizah.
She said the evaluation exercise would be carried out by a committee following strict selection criteria for the 225 lots which would be divided into 50% for retail, 40% for food and beverage (F&B) and 10% for services.
The offerings will be in the form of bars and island cafes, duplex storefronts and duty-free walkthrough, a movie and sports lounge and a children’s zone.
“A KLIA2 retailer can expect to be part of a thriving shopping scene and with one of the highest percentage of retail space offered by any commercial airport, it will be the ultimate travel retail platform to showcase brands, products and services.
“KLIA2 can handle 30 million passengers in the initial stage with a potential to cater to 45 million, so the business opportunities are very huge,” added Faizah.
She said the 40 operators at the present LCCT hub would also have to follow the tender process for the KLIA2 outlets and that it was not an automatic choice for them and they were informed about it.
There are 61 outlets at the present LCCT low-cost terminal hub.
Source: The Star.