Kuala Lumpur Convention Centre Delivers RM888 Million Economic Impact to Malaysia in 2018

Wednesday, January 23, 2019

2018 was anexceptionalyearfor the Kuala Lumpur Convention Centre(the Centre)as it achieved its highest ever economic impact delivered to Malaysia of RM888 million (an 80% or RM395 million increase from 2017) and number of participantswelcomed, with 2.18 million (more than 700,000 guestsor an increase of 49% from 2017), in a calendar year.The Centre also hosted 1,485 events, a 17% increase in number of events compared to 2017.

2018 also saw the Centre record growth across the majority of its business segments, with the association meetings segmentregistering the largest increase of 22% compared to the corresponding period in 2017. This was followed by corporate meetings and banqueting events (corporate sales segment) with a 20% increase and exhibitions segment with 12% growth.

The Centre’s General Manager, Alan Pryor, shared, “We are delighted with our performance last year and I am happy to witness the hard work of our dedicated and highly experienced team is bearing fruit. It is especially pleasing to see an increase across most of our business segments. Our clients are clearly enjoying our customisable solutions and services that deliver a seamless and rewarding customer journey from beginning to end.”

He continued, “2018 was also a busy year for us on the industry engagement front. We delivered our first major North American client educational programme with Maritz Global Events, hosted by the Kuala Lumpur Convention Centre Business Events Alliance (KLCCBEA).”

“We also played a pivotal role in the development and formalisation of the Business Events Council Malaysia (BECM), a national council representing the official voice of Malaysia’s business events industry and partnered to host the PCMA-ICESAP Knowledge Exchange Kuala Lumpur 2018 and UIA (Union of International Associations) Associations Round Table Asia-Pacific 2018, to promote engagement, advance professional development and provide a knowledge exchange platform,” concluded Pryor.

Looking forward, 2019 is shaping up to be another exciting year for the Centre, with its expansionopening later in the year,which will add an additional 11,000 sqm of flexible and multi-purpose space for its clients to grow their events and enable the venue to accommodate more concurrent events.

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