Malaysia-based Muhibbah Engineering Bhd is to acquire 11.6% stake in PT Bandara Internasional Jawa Barat (BIJB) which builds and operates Kertajati airport. The acquisition is valued for Rp291 billion. This airport is located near the gold triangle Rebana (Cirebon-Patimban-Kertajati) set as the new center of economy and the biggest special economic zone (SEZ) in the country. Moreover, Kertajati Airport will be supported by a 3,480-hectare (ha) Aerocity area.

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