Business Overview
Kuala Lumpur originated when a huddle of poor tin miners first crowded
around the mosquito-ridden banks of the slimy Gombak & Klang rivers in
1857, little could they have imagined that within a century, the city would
transform itself into one of Asia's most vibrant and compelling cities. KL
has grown with bewildering speed after independence and particularly in the
late 1980s and early 1990s, as the 'Asian Tiger' economy propelled an
ever-changing skyline.
The citys economy is largely dominated by the hotel industry with
many 4-5 star hotels having professional, sophisticated and modern
conference and incentive facilities. Local hoteliers along with
multinationals have realized the growing market for this business and
serious attempts are being made to expand the sector as a core business
rather than just an add-on product for slow seasons.
Running hand in hand is the trade show and exhibition industry of the city
which is run by world class event venues like Putra World Trade Center and
Kuala Lumpur Convention Center. KL hosts hundreds of regional and
international expo like MALBEX IPMEX and Securitex & Fire, captivating
thousands of visitors to the city.
The tourism and hi-tech industries have also come to the fore over the past
decade and has become a key focus of the economy, with the continuing
emergence of the Cyberjaya area. A government appointed Multimedia
Development Corporation project named Multimedia Super Corridor (MSC) has
been developing continuously after years of delay. Its ambitious goals are
to attract the worlds leading multimedia organizations.
Major Business Centers
Kuala Lumpur Convention Center (KLCC):
The premier convention and exhibition center in Kuala Lumpur, KLCC is a
purpose-built venue with upto 40-hectare (100-acre) of space. Conceptualized
to host global events with international standards including conferences,
exhibitions, seminars, meetings and entertainment, the center is
conveniently placed alongside extensive public transportation and hotels.
The five exhibition halls of the center are spread on around 10,000m2 of
column-free space along with a banquet hall that can accommodate 740
theatre-style. For evening functions, there is a Grand Ballroom able to host
2,000 for gala dinners while there are 20 meeting rooms along with a
four-star hotel and a citys finest hotel Mandarin Oriental.
The Center achieved HACCP certification in December 2006 and in February
2007 became the first convention center in the Northern Hemisphere to
achieve 'Benchmarked' status by Green Globe, the global Benchmarking, and
Certification and improvement system for sustainable travel & tourism.
Putra World Trade Center (PWTC):
Sprawling over 1.7 million-sq. ft with 253,000 sq.ft of exhibition space,
PWTC is a main convention and exhibition center in Kuala Lumpur. A superb
location, state-of-the-art facilities along with customer-oriented approach
makes the center a natural choice for local and international conventions,
conferences, exhibitions, trade shows, meetings, weddings and concerts.
Since years the center is known for its high levels of personal service and
a flexible approach to event management, making it popular with event
organizers and meeting planners alike.
This building is also used for the International Quran Reading Competition
every year since it was moved from Stadium Merdeka on 1985.
Major Commercial Areas
Kuala Lumpur City Center: 
The heart of the city, the City Center is both commercial and entertainment
hub of Kuala Lumpur. With its high-street boutiques, department stores,
cinemas, restaurants and park, the region has something for everyone.
KL City Center also possesses the Petronas Towers, which help visitors to
orient themselves using these two skyscrapers, and theyll rarely get
lost. While Chinatown, which is always crowded and festive, is an another
must. The Chinatown Streets are crammed with stalls selling anything from
authentic Chinese dishes and tropical fruits to Chinese traditional medicine
and cheap watches.
Golden Triangle:
An another important commercial, shopping & entertainment hub of Kuala
Lumpur is the Golden Triangle. The district is actually a large area
encompassing a number of major streets like Jalan Ampang, Jalan Bukit
Bintang & Jalan Sultan Ismail.
Here, towering scrapers, shopping malls and world-class hotels pierce the
landscape with a distinctive nightlife.
Major Manufacturing Zones
Klang:
Klang is where a large port is located and therefore it is an important
industrial area littered with factories, ships, cranes & shop lots with
a strong smell akin to burning cheese filling the air.
The district also provides an opportunity of leisure fishing by the bridge
for the visitors.