Will this boost attract more international eSports events to Malaysia?

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Federal Government Allocates RM20 Million to Boost Local Esports Industry

The federal government has announced a RM20 million allocation to develop the local eSports industry in 2020. This funding was revealed by Finance Minister Lim Guan Eng during the tabling of the Supply Bill (Budget) 2020 in Parliament. The allocation aims to foster growth within Malaysia's eSports sector, potentially enhancing its capacity to host international events.
Specific Funding Initiatives Remain Undisclosed

While the government has committed RM20 million for eSports development in 2020, the specific initiatives to be funded by this allocation have not yet been detailed. The announcement focused on the overall sum dedicated to the industry's advancement, leaving the precise application of these funds for infrastructure, talent development, or tournament support yet to be clarified. This lack of detail makes it difficult to ascertain the direct impact on attracting international events.
Esports Debuts as a Medal Event at the 2019 SEA Games

The inclusion of eSports as a medal event for the first time at the 2019 South-east Asian Games marks a significant step for the sport. This debut in a major multi-sport competition, sanctioned by the International Olympic Committee, could elevate Malaysia's profile within the global eSports landscape. The performance and hosting experience during these games might influence future international event attractiveness.
Potential Impact on International Event Hosting

The RM20 million allocation, coupled with the increased visibility from the 2019 SEA Games, could theoretically bolster Malaysia's capabilities in hosting larger international eSports tournaments. However, the extent to which this boost will translate into attracting more international events depends on further details regarding the utilisation of the funds and the existing infrastructure and policies in place to support such large-scale competitions. The government's commitment signals an intent to grow the sector, but specific strategies for event attraction are not yet elaborated.

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Will this boost attract more international eSports events to Malaysia?

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