KUALA LUMPUR, Oct 8 (Bernama) -- Local micro, small and medium enterprises (MSME) reaped over RM345 million in economic spillover effects of the Bahrain Gulf Air Formula 1 (F1) Grand Prix (GP) at Sepang International Circuit.
General : MSMEs Reaped Rm345 Mln Economic Windfall, Thanks To Bahrain F1 GP In Malaysia - Steven Sim
KUSKOP, Bahrain F1 GP, MSME, economic spillover
Key takeaways
MSMEs in Malaysia earned RM345 million from the Bahrain F1 GP, boosting tourism and local businesses.
- Over RM345 million in economic benefits were generated from the Bahrain F1 GP in Malaysia.
- Almost half of the 261,000 spectators were foreign tourists, increasing spending.
- The event boosted sectors like hospitality, food, and retail, creating opportunities for SMEs.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
2 stories on this topic from 2 sources, oldest first.
- Free Malaysia Today RM345mil economic boost for local MSMEs at F1 race
- Bernama General : MSMEs Reaped Rm345 Mln Economic Windfall, Thanks To Bahrain F1 GP In Malaysia - Steven Sim (this story)