PETALING JAYA: Next year’s Formula E-Prix Grand Finale could inject some RM157.5 million into the local economy through visitor spending and create over 10,000 jobs, its CEO Jeff Dodds says.
In a letter to Prime Minister Anwar Ibrahim sighted by FMT, Dodds also said the revenue and job opportunities were among the “impactful and long-lasting economic benefits” the race would usher in.He said the event could contribute RM6.73 billion to the country’s economy over the next decade and is also expected to have ripple effects.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more Dodds also claimed that Formula E 2024 had received “immense success and outreach” in several locations including Sao Paulo, Monaco, Tokyo and Shanghai.
Yesterday, FMT reported that Malaysia might lose the race to host the event’s finale next year to Thailand. Its local partner, Sports Tech Holding, confirmed it is waiting for a response from the Prime Minister’s Office to discuss hosting the event.
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