Kuala Lumpur Convention Centre has best year in almost a decade

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The Kuala Lumpur Convention Centre hosted 1,724 events over the course of the year, the highest number since 2014.

In addition, the Centre also welcomed 1,342,295 delegates to the venue throughout 2023, more than double the number in 2022, helping generate an estimated RM656 million ($208m) in economic impact for Kuala Lumpur and Malaysia.

“We set ambitious targets at the start of 2023 yet, through the hard work and tireless efforts of our team, we surpassed these by over 30 per cent,” said John Burke, the Centre’s general manager.

“Our achievements in 2023 are a shared success for the entire Malaysian business events supply chain. This result is not just based upon our own hard work and initiatives, but also the contribution of many other partners who make up the business events ecosystem in Malaysia, including the efforts of the Malaysia Exhibition and Conference Bureau.”

Ravindran Sathiamoorthy, the Centre’s director of sales, said in terms of revenues, conventions contributed 26 per cent, exhibitions 28 per cent and while the corporate segment 46 per cent.

“Conventions and exhibitions combined contributed 54 per cent of our revenue, but we aim to increase that to 60 per cent in the future,” he said.

“We are looking forward to a very positive 2024, having already secured 65 per cent of our targeted revenue for the year through advance bookings.

“We have 47 exhibitions and 32 conventions (26 of which are international) confirmed over the next 12 months and expect to add more over the course of the year.”