The MoC will cover 15 areas that include airport operations, engineering and technology, among others.
It also seeks to help Malaysia Airports manage its existing group of airports by sharing knowledge, ideas, technology and innovation.
Malaysia Airports managing director Iskandar Mizal Mahmood said: “Other than the pursuit of operational excellence, this collaboration presents opportunities for commercialisation and intellectual property.
“This way, Malaysia Airports can also play a role in contributing to the country’s aspiration to be among the top 20 of the Global Innovation Index by 2030.”
In 2018, Malaysia Airports formed a partnership with UTM to build Foreign Object Debris Detection System (FODDS) at KL International Airport (KLIA).
The collaboration has facilitated the execution of technology transfer and human capital development policies between the pair.
Universiti Teknologi Malaysia vice-chancellor Ahmad Fauzi Ismail said: “UTM has produced thousands of technocrats in engineering and technological sectors in conjunction with efforts to promote the country’s fourth Industrial Revolution.
“Our industry partners play a crucial role for UTM in bringing research findings to prospective graduates who aim to become a job creator.”
In May, Malaysia Airports informed that international passenger numbers at its local airports network soared by 53% following the reopening of the country’s border on 1 April.
Subsequently, the company has been witnessing an average movement of 30,000 foreign passengers every day. This figure rose to more than 30,0000 during the Hari Raya festival.