Economy

Business events in New Zealand deliver half a billion dollars to the country

Business events in New Zealand have delivered NZD$500m to the country over the past five years, according to New Zealand Tourism. The figures come in the wake of CINZ Meetings 2019, New Zealand’s largest MICE industry trade show. Tourism New Zealand works closely with the industry to attract business events to the country. Rene de Monchy, Tourism New Zealand’s Director of Commercial, said: “New Ze...

ADNEC delivers US$929m economic impact in 2018

Abu Dhabi National Exhibitions Company (ADNEC) has announced the value of its direct and indirect impact on the Abu Dhabi economy in 2018 was AED3.41bn (US$929m), taking the total value of its contribution to the local economy since its inception in 2005 to AED32bn. ADNEC’s strong 2018 results followed a 14% growth in the number of events hosted by Abu Dhabi National Exhibition Centre and Al Ain C...

Kuala Lumpur Convention Centre delivers RM888 million to Malaysia

The Kuala Lumpur Convention Centre (KLCC) in Malaysia delivered RM888 million of economic impact to Malaysia in 2018, according to the venue. It welcomed 2.18 million visitors throughout the year, an increase of 45% from 2017. It also played host to 1,485 events in the year, 17% more than 2017. The Centre’s General Manager Alan Pryor commented: “We are delighted with our performance last year, and...