Kuala Lumpur Convention Centre passes RM9bn economic impact milestone

Asia News
Kuala Lumpur Convention Centre passes RM9bn economic impact milestone

The Kuala Lumpur Convention Centre (the Centre) has broken through the RM9bn (US$2.21bn) mark in economic impact it has delivered to Malaysia from 2005 to 2019. In that time, the Centre reports hosting 16,395 events and welcoming close to 26m participants.

Last year saw a total of 1,618 events, the highest number of events held at the Centre in the last five years. These events attracted over 1.6m participants and contributed RM876m in economic impact to the country. The corporate meetings and banqueting events (corporate sales segment) was the biggest mover, recording an 11% increase from the previous year’s figures.

Centre General Manager Alan Pryor said: “Our 2019 results demonstrate that our partnership approach and flexible value-add solutions that create bespoke experiences and memorable customer journeys resonate well with clients across the board which has helped us retain market leadership.”

2019 also saw the Centre receive 12 awards, including the Outstanding Venue Award at the AFECA (Asian Federation of Exhibition & Convention Associations) Asian Awards 2019.

Big international events hosted at the Centre in 2019 included the 62nd ISI World Statistics Congress (ISI WSC) 2019, 29th International Congress for Conservation Biology (ICCB) 2019, Food & Hotel Malaysia 2019, The Australian & New Zealand College of Anaesthetists Annual Scientific Meeting 2019 and Kuala Lumpur Summit 2019.

The second half of 2019 saw an expansion, with multi-purpose space upgraded to 33,659sqm, enabling the venue to accommodate larger international association conferences and tradefairs, as well as concurrent events.

Pryor concluded: “This strong performance has us geared up towards another solid year. With the conventions segment already securing nearly 20 international and Asia Pacific events and the exhibitions segment also shaping up to be one of our biggest contributors, we are all ready for an even more impactful year ahead of us.”

www.klccconventioncentre.com.

Managing Editor, Conference News & Conference & Meetings World. Write Paul an E-mail

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