MITEC’s key economic development role recognised at industry awards

Asia News
MITEC’s key economic development role recognised at industry awards

The Malaysia International Trade & Exhibition Centre (MITEC) was honoured with the Special Recognition Award for Best Strategic Public-Private Partnership at the MACEOS Business Events Excellence Awards 2018.

MITEC won the recognition for its contribution to developing key economic sectors in Malaysia.

MITEC’s success has been a game changer for the nation’s business events industry and its CEO Gunther Beissel, said, “With the rapid growth taking place in MITEC’s vicinity, the KL Metropolis project welcomes the development of hotels, lifestyle malls, urban parks and luxury apartments within walking distance. MITEC, which is part of the Trade and Exhibition District, is poised to gradually become an even greater attractive proposition for regional and international events”.

MITEC was developed through a public private partnership with the Government. The RM628m (US$151m) facility was developed by Naza TTDI Sdn Bhd, the property arm of Naza Group.

The venue is now owned by the Malaysia External Trade Development Corporation (MATRADE), a national trade promotion agency under the Ministry of International Trade and Industry (MITI).

In addition to the ‘Best Strategic Public-Private Partnership’ Special Recognition Award, MITEC’s CEO also picked up an award in the third-quarter 2018 – the ‘Leadership Excellence in MICE’ at the 8th Global Leadership Awards (GLA) 2018.

Photo: Beissel (holding award, right) receiving the Special Recognition Award for Best Strategic Public-Private Partnership from Alun Jones, Vice-President, Exhibition, of industry association MACEOS, at the MACEOS Business Events Excellence Awards