The Selangor International Business Summit 2026 (SIBS 2026) is aiming to generate RM8 billion in potential transactions and facilitate at least 500 business-matching meetings as it marks its 10th edition this October.
Scheduled for Oct 14 to 17 at the Kuala Lumpur Convention Centre, the summit will feature seven programmes covering investment, industrial development, artificial intelligence, semiconductors, digitalisation, the care economy and talent development.
Launched today, SIBS 2026 will serve as a platform for trade, investment and business cooperation across ASEAN, with its agenda aligned to the state’s five-year Rancangan Selangor Kedua (RS-2) economic blueprint.
Selangor Investment, Trade and Mobility executive councillor Ng Sze Han said the summit would support the state’s ambition to become an ASEAN model state for equitable growth and quality of life by 2030.
“Everything we are building, negotiating and facilitating through this summit is engineered to achieve one clear, defining goal: Selangor as the ASEAN Model State for Equitable Growth and Quality of Life for All by 2030,” he said at the launch.
RS-2 targets average annual gross domestic product growth of 6.1%, cumulative investments of RM330 billion, and an unemployment rate of 2.2% by 2030. Its priority sectors include electrical and electronics, aerospace, automotive, the digital economy and the creative economy.
Against this backdrop, Ng said SIBS would seek to attract higher-quality investments and strengthen commercial links across the region.
“Every partnership built and negotiated at this summit is designed to achieve one unifying goal: Selangor as the ASEAN model state for equitable growth and quality of life for all by 2030,” he said.
The summit will comprise the Selangor ASEAN Business Conference, Selangor Investment Forum, Selangor Investment and Industrial Park Expo, Selangor AI and Semiconductor Summit, Selangor International Care Expo, Selangor Techsphere Summit and Selangor Career Outreach Talent Expo.
The programmes will address integrated circuit design, investment approvals, smart-city applications, industrial technology and workforce development. The investment forum will also feature prospective projects involving water management, energy and digital infrastructure.
“In the same way that ASEAN powers the global supply chain, Selangor powers Malaysia,” Ng said, adding that the state sought to demonstrate how regional integration, advanced manufacturing and equitable growth could develop in tandem.
Held in conjunction with SIBS, the third EU-Malaysia Business Day will take place at KLCC on Oct 13, focusing on advanced manufacturing, the green transition, digitalisation and logistics.
The event is expected to attract about 700 participants. More than 550 EU companies currently operate in Selangor, generating combined annual revenue exceeding RM51 billion.
