Business Chief APAC+ANZ Magazine April 2020 | Page 71

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CITY FOCUS | KUALA LUMPUR
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Kuala Lumpur City Video Guide
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“ By far the largest net contributors to the city ’ s economy are tourism and retail ” a rapidly developing economy with a GDP in excess of RM160.39bn ( US $ 38bn ). A recognised global city , Kuala Lumpur is an important fulcrum of finance , real estate , shipping , telecoms and media . Acting as a base of operations for 14 Forbes 2000 companies , industry luminaries such as Petronas , Tenaga Nasional , Sime Darby and Maxis have taken up headquarters within the city . By far the largest net contributors to the city ’ s economy are tourism and retail : renowned as a vibrant and accommodating shopping opportunity featuring 66 malls , the

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