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‘RM300m loan to AirAsia aimed at developing Sabah’
Published on: Friday, October 30, 2020
Published on: Fri, Oct 30, 2020
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‘RM300m loan to AirAsia aimed at developing Sabah’
Kota Kinabalu: Sabah Development Bank’s (SDB) RM300 million loan to AirAsia Berhad is not aimed at assisting the airline’s recovery but developing the State which will benefit Sabahans.Wira Warisan Sabah Deputy Chief Mohd Ismail Ayob (pic) said the loan was in fact a conditional agreement which would benefit both parties, as AirAsia offered to make Sabah an international agricultural hub and to upgrade the Kota Kinabalu International Airport (KKIA).
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“The conditional loan can be considered a win-win situation.

 
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