KUCHING: Sarawak’s business event industry wrapped up 2022 on a high note after securing 100 events for 2023 and beyond, exceeding the initial target of 90 with an achievement rate of 111%.
Business Events Sarawak (BE Sarawak) said the 100 business events are estimated to be worth RM359mil in total economic impact, whereby direct delegate expenditure will account for about RM195mil and tax revenue at RM21.5mil.
“These events are expected to open approximately 28,496 new employment opportunities for the local communities in the destination,” it said in a statement issued here.
As for the number of business events hosted last year, it said 93 homegrown, national and international business events were successfully hosted worth a total economic impact of RM216.3mil.
“Direct delegate expenditure accounted for RM117.6mil of income, tax revenue amounted to RM13mil while the events opened at least 17,169 jobs,” it added.
BE Sarawak was established by the Sarawak government in 2006 as a non-profit body to promote the state as a competitive destination for national and international business meetings.
It also helps non-governmental organisations, corporations and government bodies to organise their events. — Bernama
