Sultan Graces Selangor International Business Summit

The Selangor International Business Summit 2019 (SIBS) organised by Invest Selangor under the patronage of Selangor State Government returns for the 3rd edition this year.

SIBS 2019 was officially launched yesterday by His Royal Highness the Sultan of Selangor, Sultan Sharafuddin Idris Shah Alhaj Ibni Almarhum Sultan Salahuddin Abdul Aziz Shah Alhaj at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur.

SIBS is an international event which brings together global brands and industry players from the region. Having attracted high-profile official sponsors, strategic partners, local and  international media partners, the event highlights its relevance to the local and ASEAN economy.

According to YAB Tuan Amirudin Bin Shari, Chief Minister of Selangor, “The year’s Selangor International Business Summit will also be an opportunity for investors, both local and foreign, to meet with like-minded multinational companies and SMEs to explore the vast opportunities to Selangor has to offer.

“Selangor is the golden state of Malaysia, a regional economic powerhouse, and has contributed nearly a quarter of Malaysia’s GDP in the past three years. Our story is one built on hard work and smart work, bringing job-creating investment to Selangor.

“It has been our aspiration to create a bigger and better Selangor International Business Summit with each passing year. This is because it means we are getting better at creating a more vibrant business platform for all. I am happy to report that this has become a reality. This year, SIBS is a bigger event that is held across a total of 43,000 sqm, with 800 booths and anticipating 30,000 domestic and international visitors, said YB Dato’ Teng Chang Kim, State Executive Councillor for Investment, Industry and Trade, and Small and Medium Industries.

With the total number of participating countries increased to 24 from Thailand, Singapore, Taiwan, Indonesia, Cambodia, India, Vietnam, Japan, China, Bangladesh, Brunei, Philippines, Hong Kong, Korea, Kuwait, Macau, Myanmar, Bahrain, Oman, Qatar, Australia, Nigeria and United States of America, SIBS has expanded its range of
offering with a bigger market audience.

Pushing initiatives to promote Selangor State as the Gateway to ASEAN and as a Global
Trading Hub, SIBS is set to offer a broader range of opportunities this year with exposure with more than 850 booths visitors not only from Malaysia, but also from countries in the region. It is expected to receive more than 30,000 trade visitors during the four-day event this time around.

The 4-day event which began yesterday, will feature the:
▪ Selangor International Expo 2019: 5th edition, 10-13 October 2019
▪ Selangor-ASEAN Business Conference 2019: 3rd edition, 10-11 October 2019
▪ Selangor Smart City and Digital Economy Convention: 4th Edition, 11-13 October 2019
▪ Selangor R&D and Innovation Expo: 1st Edition, 10-13 October 2019

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