# Malaysia business and creative sector development

> Live situation record from CLSTR: https://clstr.news/situations/malaysia-business-and-creative-sector-development
> Updated: 2026-08-15T07:43:54.000Z. Sources: 2. Developments: 2.

Malaysia is projecting significant economic growth through its business events sector, with Tourism Minister Dato Sri Tiong King Sing estimating a total impact of RM34.97 billion by 2030. Since 2009, the Malaysia Convention & Exhibition Bureau (MyCEB) has secured over 3,575 events and generated RM26.7 billion in impact.

In Sarawak, development efforts are focusing on aligning the business events sector with the Post COVID-19 Development Strategy 2030 (PCDS 2030). Officials are emphasizing the need for improved infrastructure, venue capacity, and air connectivity to attract larger international gatherings. Additionally, the state is looking to integrate digital technologies to expand its creative industries, encouraging the use of social media, podcasts, and artificial intelligence to modernize the presentation of arts and culture.

## Timeline

### 2026-08-15: Sarawak targets growth in creative and business event sectors

Sarawak is targeting growth in its creative and business event sectors by leveraging digital technology and improving infrastructure to support the Post COVID-19 Development Strategy 2030.

2 sources. https://clstr.news/cluster/sarawak-targets-growth-in-creative-and-business-event-sectors

### 2026-08-03: Malaysia's Business Events Sector Projected to Generate RM34.97 bn by 2030

Malaysia aims for RM34.97 bn economic impact from business events by 2030, with MyCEB securing thousands of events; Sarawak pushes collaboration for larger international gatherings like the IWA World Water 2028

2 sources. https://clstr.news/cluster/malaysias-business-events-sector-projected-to-generate-rm3497-bn-by-2030

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Cite as: Malaysia business and creative sector development. CLSTR, https://clstr.news/situations/malaysia-business-and-creative-sector-development