SIBS 2026 OPENS, STRENGTHENING SELANGOR’S POSITION AS A REGIONAL INVESTMENT AND BUSINESS HUB

KUALA LUMPUR, Oct 15 (Bernama) -- The Selangor International Business Summit (SIBS) 2026 officially opened yesterday at the Kuala Lumpur Convention Centre (KLCC). Running from 14 to 17 October 2026, the event brings together investors, industry leaders, government representatives, and the wider business community from Malaysia, the ASEAN region, and beyond. 

Organised by Invest Selangor Berhad and hosted by the Selangor State Government, SIBS continues to serve as a premier platform connecting regional and global brands, innovators, investors, and industry players to explore business and investment opportunities across Selangor, Malaysia, and ASEAN. 

Under the theme “Selangor, the Gateway to ASEAN,” SIBS 2026 reflects the state’s continued efforts to strengthen its position as a regional investment and business hub while creating robust linkages among investors, industries, government agencies, technology providers, and talent.

The summit features 526 booths, showcasing international participation from countries including Singapore, Indonesia, Japan, Philippines, Thailand, India, Germany, United States, China, Taiwan, Bangladesh, Kenya, Sri Lanka, Brazil and Vietnam. The four-day event targets 50,000 visitors and RM8 billion in potential transaction value. It is supported by a Hosted Delegates Programme involving 110 delegates, while 188 speakers will contribute to discussions across nine specialized conference programmes.

The opening ceremony was graced by D.Y.T.M. Raja Muda Selangor Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj. Also, in attendance were YAB Dato’ Seri Amirudin bin Shari, Dato’ Menteri Besar Selangor (Chief Minister of Selangor), alongside senior government officials, business leaders, and industry representatives.

The ceremony also witnessed the presentation of several Letters of Intent (LOIs) from foreign investors namely Shenghui Biotechnology (Malaysia) Sdn. Bhd, Galaxy Data Centre, XTC New Energy and Wuxi Weifu Environmental Catalysts Co. Ltd., facilitated by UOB Malaysia to Invest Selangor. The LOIs, which facilitate investments exceeding RM 3 billion, reflect the investors' strong interest in exploring business and growth opportunities in Selangor.

In addition, several other memorandum of understanding document were also exchanged during the ceremony between key stakeholders making SIBS today the platform for collaborations. 

SIBS 2026 has expanded into seven key components, providing a comprehensive platform covering investment, industrial development, technology, healthcare, and talent:

i. Selangor ASEAN Business Conference (SABC) – A platform for regional economic and policy discussions under the theme “ASEAN: Shaping the Future of Regional Growth.” The conference features a Special Royal Address by D.Y.T.M. Raja Muda Selangor Tengku Amir Shah. Special presentation by Hon. Dr. Ceferino S. Rodolfo Undersecretary for the Industry Development and Promotions Group (IPG), Department of Trade and Industry, the Philippines; H. E. Dr Kunihiko Hirabayashi Secretary-General, ASEAN-Japan Centre and Mr Apurva Sanghi Lead Economist – Malaysia, The World Bank. The addresses highlight the importance of youth empowerment, talent development, and preparing the next generation to drive future economic growth and ASEAN’s evolving landscape.

ii. Selangor Investment Forum (SIF) – Provides deep insights into key growth sectors. SIF includes specialized presentation sessions as such as the Second Selangor Plan (RS-2), Investable Projects Presentations by MBI Selangor, the Kita Selangor Rail Line by UPEN Selangor and the Selangor Agenda for Green Economy by Worldwide Holdings Berhad.

iii. Selangor Investment and Industrial Park Expo (SPARK) – Showcases investment opportunities and industrial developments across Selangor. The expo features key industrial park developers such as NCT, PKNS, Sime Darby, Eco World from Malaysia and several developers from Indonesia such as ISentra @ Lamongan Industrial Park, Pt Surabaya Industrial Estate Rungkut (SIER), Tuban & Gresik Industrial Estate, Indonesia and from the Philippines including Phividec Industrial Authority (PHIVIDEC IA), Clark Development Corporation (CDC) and Philippine Economic Zone Authority (Peza)

iv. Selangor AI and Semiconductor Summit (AiSEM@Selangor) - Focuses on artificial intelligence, semiconductors and high-tech manufacturing. The summit features more than 140 technology exhibitors, including global semiconductor companies Sandisk and Nexperia and homegrown companies Oppstar, SkyeChip and GreatAsic. Robotics firms Work E Robotics and AiMOGA will also be on the show floor.

v. Selangor International Care Expo (SICE) –The expo features Care Expo and Experiential Showcase, showcasing innovative products, services and technologies across elderly care, childcare, disability support, assistive technology, wellbeing and caregiver services. SICE 2026 brings together more than 30 local and international exhibitors and industry players, including Lotus Care, Selgate, WQ Park, WQ Park Health and Rehabilitation Centre, Kiddocare and Nagoya Institute of Technology, Japan. Not only showcasing, through Business Matching component connects businesses, investors, industry players and potential partners to explore new business opportunities, strategic collaborations, partnerships and investment prospects within the care economy.

vi. Selangor Techsphere Summit (STS) – Explores technology, innovation, and digital transformation across the manufacturing and enterprise sectors. The summit features key technology and industry players including Google Malaysia Sdn Bhd, Festo Sdn Bhd, BMW Group Malaysia (BMW Malaysia Sdn Bhd), Weidmüller Interface (Malaysia) Sdn Bhd, Hannover Fairs Asia-Pacific Pte Ltd (HFAP) / Deutsche Messe AG alongside many other leading companies in technology, automation, digitalisation and advanced manufacturing.

vii. Selangor Career Outreach Talent Expo (SCOUT) – Connects employers with graduates and professionals. The inaugural SCOUT Talent Expo brings together over 140 employers and 10,000 job seekers, offering direct access to employment opportunities and career guidance. Supported by strategic partners including the Jawatankuasa Tetap Sumber Manusia Negeri Selangor, PERKESO, and the Advanced Semiconductor Academy of Malaysia (ASEM), SCOUT promotes industry-academia collaboration to ensure a highly skilled, industry-ready workforce.

SIBS 2026 is further strengthened by key private-sector sponsors, including UOB Malaysia, JLL, and OCBC. Their involvement underscores the importance of publicprivate collaboration in facilitating investment, strengthening business connectivity, and ensuring sustainable economic progress in the state. 

For programme details and updates, visit www.selangorsummit.com or follow @selangorsummit on social media. 

About Invest Selangor

Invest Selangor Berhad is the Selangor State Government’s investment promotion agency, facilitating business growth and investment opportunities in Malaysia’s most developed and competitive state. As a one-stop centre, it provides advisory services, market insights, and facilitation for local and international investors looking to establish or expand in Selangor—the gateway to ASEAN.

With a strategic location, world-class infrastructure, and a thriving business ecosystem, Selangor continues to attract high-value investments across diverse industries, reinforcing its position as Malaysia’s economic powerhouse. Since 1999, Invest Selangor has successfully facilitated over 7,069 manufacturing projects, contributing to the creation of 508,316 jobs and securing more than RM256.6 billion in investments.

Invest Selangor also drives the Selangor International Business Summit (SIBS) and the Selangor Aerospace Summit (SAS), key platforms connecting industry leaders, policymakers, and entrepreneurs across ASEAN and beyond. Through strategic initiatives, it remains committed to a resilient, sustainable, and innovative economy, reinforcing Selangor as the preferred destination for global investors.

For Selangor investment enquiries, please visit www.investselangor.my

SOURCE: Invest Selangor Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nur Azyyana Abu Bakar
Email: azyyana@investselangor.my

Name: Maryani Binti Mat Saad
Email: maryani@investselangor.my

--BERNAMA