South Africa’s largest convention center, the Inkosi Albert Luthuli Convention Center, has added a staggering R14.5 billion to the country’s economy over the past six years, Mrs Jullie-May Ellingson (CEO) reported on Wednesday.
Located in the heart of the city of Durban, the ICC is known for hosting world class events every year. In 2011 it successfully hosted the International Olympics Committee conference and Cop 17, a conference on climate change. Both events were attended by dignitaries from all over the world.
Mrs Ellingson said global events not only bring money into the country, but they also give us a chance to advertise the beauty of our country to the rest of the world.
According to Mrs Ellingson, the ICC, which was built 15 years ago, created 9 327 jobs last year.
In 2012, the ICC made R237million, up from R105 million in 2010. It also made a profit of R69 million. This month the ICC will host the BRICS summit from the 26th to the 27th. The summit is expected to be attended by over 1000 delegates from Brazil, Russia, India, China and South Africa.
In May, the center will host INDABA, Africa’s largest tourism marketing event, where a number of companies come together to showcase Southern Africa’s tourism products and services for the international travel trade.