SHAH ALAM: Invest Selangor Bhd unveiled an ambitious expansion roadmap for the 10th edition of the Selangor International Business Summit (SIBS) 2026.
Scheduled for Oct 14 to 17 at the Kuala Lumpur Convention Centre, this milestone event celebrates a decade of investment leadership and charts a new regional trajectory with the introduction of SIBS@Asean.
Since its inception in 2015, SIBS formerly known as Selangor International Expo (SIE) has evolved from a boutique trade event into a powerhouse of regional commerce.
Over the past decade, data indicate a trajectory of rapid expansion for the Selangor International Business Summit (SIBS).
Visitor numbers rose sharply from 4,316 in 2015 to a peak of 57,249 in 2023, representing an increase of more than 1,200% over eight years.
Beyond its role as a trade platform, SIBS has also evolved into a recognised centre for intellectual and policy discourse, having hosted more than 1,081 speakers and attracted over 23,000 conference participants to date to discuss Asean’s shifting economic landscape.
At the same time, the value of potential transactions generated through the summit has grown significantly, rising from about RM200 million in its early years to a record RM13.85 billion in 2024.
Overall, SIBS has facilitated a cumulative RM30.56 billion in potential transaction value so far, further reinforcing Selangor’s position as Malaysia’s leading economic engine.
Selangor state executive councillor for Investment, Trade, and Mobility Ng Sze Han said SIBS 2026 represents 10 years of building investor confidence.
“By integrating high-tech manufacturing, digital innovation and the social economy into a single platform, we reflect the full spectrum of Selangor’s economic strengths,” he said.
Entering its second decade, SIBS 2026 will officially incorporate three new specialised pillars designed to strengthen the state’s multi-sectoral investment ecosystem.
These include the Selangor Techsphere Summit, which will be organised by the Selangor Technical Skills Development Centre (STDC) in partnership with Hannover Fairs Asia Pacific (a subsidiary of the world-renowned Deutsche Messe AG), and will focus on technical talent and industrial innovation.
Selangor AI & Semiconductor Summit 2026, organised by the Selangor Information Technology and Digital Economy Corporation (Sidec), will spotlight leadership in high-value digital industries.
Selangor International Care Expo, organised by Wanita Berdaya Selangor, addresses the expanding care economy and inclusive growth.
These pillars join the established Selangor Asean Business Conference and the Selangor Investment and Industrial Park Expo.
The 10th edition also introduces the Selangor Investment Forum, a high-level seminar focusing on key industries, and the Selangor Career Outreach Talent Expo, a dedicated career fair in partnership with Perkeso to bridge the talent gap for approved investments in Selangor.
To commemorate this 10th anniversary, Invest Selangor is launching SIBS@Asean, a regional activation strategy designed to elevate the summit into a cross-border business movement.
The inaugural international activation, SIBS@Asean Bandung Edition, will take place from July 9 to 10.
Bandung was strategically selected as the debut destination due to its striking economic similarities to Selangor; both regions serve as primary industrial hearts and innovation hubs for their respective nations, sharing a focus on manufacturing, technology, and a vibrant SME ecosystem.
Invest Selangor CEO Datuk Hasan Azhari said SIBS@Asean marks the agency’s next chapter.
“As regional supply chains realign, Selangor is positioning itself as a regional connector.
“We anticipate bringing approximately 50 Selangor-based companies to the Bandung edition in July 2026.
“Given the shared economic characteristics of Selangor and Jawa Barat, this initiative ensures our local businesses remain globally competitive and relevant,” he said.
The Sun Malaysia
