KUALA LUMPUR, Aug 26 – The 2024 Le Tour de Langkawi (LTdL) is expected to cost over RM15 million when the 28th edition of the race starts from Langkawi Island and ends in Bintulu, Sarawak.
National Sports Council (MSN) director-general Abdul Rashid Yaakub said the total cost will be higher than last year’s edition because it has to cover logistics costs involving flights to Langkawi Island and Sarawak.
“I can’t reveal the actual figure because the cost is a bit high but we (MSN) have our own budget. But sometimes the budget for organising LTdL can change at any time. Our budget of RM15 million can only do four to five stages of the race especially on the peninsula only.
“This time the 28th edition of the race is a little different because we will cross the sea by holding the race in Langkawi Island and Sarawak. Therefore, the budget will be focused on logistics which will push up the cost,” he said at the Tourism Malaysia Smart Partnership & Sponsorship Announcement Ceremony and LTdL 2024 media conference at MSN Bukit Jalil here on Monday.
In the last edition, the Ministry of Youth and Sports (KBS) only allocated RM8 million, but as the organiser, MSN needed a larger budget of around RM15 to RM16 million to make the world-class race a success.
In the 25th edition of the race which took place in 2020, the cost of organising LTdL shot up when it needed an allocation of around RM20 million after the race also entered Sabah and Sarawak before its climax in Langkawi Island.
In the meantime, Abdul Rashid said the sponsorship to organise the prestigious race is going well because there are several companies that will conclude cooperation soon.
He said, for the time being, Tourism Malaysia agreed to continue the strategic collaboration with a sponsorship worth RM1 million to become the holder of the Polka Dot King of the Mountain jersey.
