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Budget 2027: MATTA Seeks Better Tax Incentives, Tourism Investment

Kuala lumpur: Better tax incentives for tour operators, increased investment in tourism infrastructure, and a higher promotional allocation are among the Malaysian Association of Tour and Travel Agents' (MATTA) key wish list items for Budget 2027. MATTA president Nigel Wong emphasized the significance of these measures in enhancing Malaysia's appeal to international visitors, especially in light of the Visit Malaysia (VM) 2026-2027 initiative.

According to BERNAMA News Agency, Wong highlighted the critical need for improved tax deductions for tour operators to bolster their promotional activities overseas. This move is seen as essential for attracting more international tourists to Malaysia. He stated the association's expectations for better incentives, particularly tax deductions, that align with the goals of VM 2026-2027. The aim is to motivate tour operators to intensify their efforts in promoting Malaysia internationally.

Wong also underscored the necessity for increased governmental investment in tourism businesses, focusing on upgrading infrastructure and refurbishing existing attractions. He cited the successful enhancement of the Sultan Abdul Samad Building in Kuala Lumpur as a prime example of effective government intervention. Wong urged similar attention to be given to other natural heritage and historical buildings, advocating for their facelift or upgrade to bolster tourism appeal.

Additionally, Wong called for a comprehensive tourism strategy that involves municipal councils ensuring cities and urban areas are safe and walkable. This approach, he argued, would enhance the country's overall image. MATTA is also advocating for an augmented promotional budget to support the VM 2026-2027 initiatives effectively.

The Supply Bill (Budget) 2027 is scheduled to be tabled by the Finance Minister on October 9, as noted on the Parliament website.

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