PETALING JAYA: Malaysia has many beautiful and historic monuments to offer as a tourism haven.
But since these buildings are also expensive to maintain and preserve, an urban rejuvenation specialist says Malaysia should leverage these assets for domestic and international tourism.
“It creates a spillover effect where other parties also recognise the potential of these heritage buildings and take their own initiative to rejuvenate them and open other businesses, hence creating a healthy economic ecosystem in the area,” he told The Star yesterday. “Cultural tourism accounts for about 40% of all tourism worldwide. The pandemic has pushed cultural tourism to rethink its role and position in shaping social development and recovering the economy,” he said.
This includes the redevelopment of the Sultan Abdul Samad Building and Carcosa Seri Negara, which will be executed in collaboration with Think City, which was founded by Khazanah. When contacted, Kuala Lumpur & Selangor Chinese Assembly Hall chief executive Ong Ooi Heng pointed out that the annual maintenance expenses for heritage buildings range between RM100,000 and RM200,000.
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