With MoF and EPU. Air Asia's Tony Fernandes is still pushing for his own airport despite all the protests from members of the public and the arguments against the Labu airport, including the reservation expressed by Khazanah Inc, which is chaired by the Prime Minister.
According to sources, he will be making a last-ditch pitch with the Economic Planning Unit and the Minister of Finance to secure approval for the highly-contentious project.
It will be tough to get past the EPU and MoF guys. They know that the cost of building the LCCT would include constructing a fuel farm by Petronas, which will be borne by the Government. Unless Air Asia plan to build a pipeline from KLIA to feed LCCT, or drive fuel bowsers all the way from KLIA to Labu. And are Air Asia and Sime Darby planning to privatize Immigration, Customs, etc.?
Still, we await Friday's meeting.
p.s. An editor told me that if CIMB is planning to be involved in the project, that will add another problem. CIMB is headed by the Finance Minister's little brother. Conflict of interest.
Wednesday, January 21, 2009
Crucial Friday meeting for Tony's Labu
At 12:50 pm