How much total sponsorship secured for national celebrations?

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Total Sponsorship Secured for National Celebrations Exceeds RM48 Million

The total value of sponsorships secured for this year's Merdeka and Malaysia Day celebrations has surpassed RM48 million, marking a significant increase from the previous year. Communications Minister Datuk Seri Fahmi Fadzil announced that the total sponsorship value, as verified by the Ministry of Communications Sponsorship Committee, amounts to RM48.63 million. This figure represents a successful public-private partnership for the national events.
Sponsorship Value and Composition

The RM48.63 million in sponsorships comprises both cash and in-kind contributions. Of the total amount, RM2.7 million was received in direct cash contributions. The substantial remainder, RM45.93 million, was provided in the form of goods and services, highlighting the diverse ways in which partners have supported the celebrations.
Significant Year-on-Year Increase

This year's sponsorship figures demonstrate a remarkable growth compared to the previous year. The total value of RM48.63 million represents an increase of more than 118 per cent. This surge is particularly notable when compared to last year's total sponsorship amount, which stood at RM22.3 million.
Public-Private Partnership Success

The substantial increase in sponsorships is being hailed as a success for public-private partnerships in supporting national celebrations. Minister Fahmi expressed the ministry's honour in announcing the figures, underscoring the collaborative effort involved in securing these contributions for the Merdeka and Malaysia Day events.

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