The Selangor International Business Summit 2022 (SIBS 2022), initiated by the Selangor State Government and organised by Invest Selangor Bhd targets RM350 million in potential negotiated sales with the participation of at least 850 booths, taking up the entire eight expo halls and two conference halls in Kuala Lumpur Convention Centre.
“We are also anticipating at least 30,000 trade visitors returning to the Summit and hoping that our international visitors and buyers will also be arriving to meet our participation,” said Selangor Exco for Industry and Trade Dato’ Teng Chang Khim.
According to him, the return of the 6th Selangor International Business Summit will be an opportunity to strengthen Selangor’s position as a competitive and preferred investment destination in Asia.
“It will also offer the avenue to demonstrate our resilience, agility and determination to succeed and move forward despite all the challenges that we face over the past two years”, he said during the flag-off ceremony of the SIBS 3 months promotion bus campaign with RapidKL on 5 July 2022.
While last year’s edition featured an innovative hybrid model for the first time, this year’s SIBS will return as a physical event at the prestigious Kuala Lumpur Convention Centre.
This year, SIBS 2022 will continue its role as the regional premiere summit for local and international industry players to convene and explore the great potential of the Malaysian and regional markets.
The four-day SIBS 2022 will be held from 6 to 9 October 2022 and will feature a total of six unique concurrent events, bringing into the limelight the broad range of business and investment opportunities available in Selangor and showcasing the economic prowess of the State.
They comprise The 8th Selangor International Expo (F&B), The 8th Selangor International Expo (Medic), The 2nd Selangor Industrial Park Expo(SPARK2022), The 6th Selangor ASEAN Business Conference(SABC2022), The 7th Selangor Smart City & Digital Economy Convention (SDEC2022), and The 3rd Selangor R&D And Innovation Expo (SRIE2022).
Invest Selangor Chief Executive Officer, Dato’ Hasan Azhari said that majority of the available booths were already being taken up, and SIBS 2022 will be having state pavilions from Penang, Perak, Negeri Sembilan, Malacca, Kelantan, Sabah and Sarawak. On top of the state pavilions, SIBS will also be welcoming participants from key markets such as the Philippines, India, Indonesia, and Vietnam.
SIBS 2022 will be a crucial part of Selangor’s economic rebuilding process to reverse the effects of the global pandemic. It will further strengthen Selangor’s position as the most progressive and developed state in Malaysia. Its strategic location, established value chains across numerous industries, advanced physical and online connectivity, and excellent state government support makes it one of the most attractive trading hubs in the region and an ideal gateway to ASEAN and the world for investors.
