KL targets 41% jump in tourism receipts

Sat, 29 May 2004, 00:00 WIB | Source: AFP

KUALA LUMPUR: Malaysia expects foreign exchange earnings from
tourism to surge 41 percent this year and hit a record high of 30
billion ringgit (US$7.89 billion) following a rebound in travel,
a report said on Friday.

"Last year, we obtained about 22 billion ringgit through
foreign exchange and this year we hope to achieve about 30
billion," Deputy Tourism Minister Ahmad Zahid Hamidi was quoted
as saying by the New Straits Times.

The government expects visitor arrivals this year to climb
back to the 2002 level of 13.3 million after dropping 20 percent
last year to 10.58 million because of the outbreak of Severe
Acute Respiratory Syndrome (SARS) in the region and the Iraq war.
-- AFP

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