Selangor is set to play host to a four-day
business event, the Selangor International Business Summit (SIBS) 2020
scheduled from October 14 - 17, 2020 at the Kuala Lumpur Convention
Centre (KLCC), Kuala Lumpur.
Organised by the State government, via Invest Selangor Berhad (ISB) and
endorsed by MATRADE, SIBS 2020 will comprise four main components
namely the 6th Selangor International Expo (SIE), the 4th SelangorASEAN Business Conference (SABC), the 5th Selangor Smart City &
Digital Economy Convention (SDEC) and the 2nd Selangor R&D and
Innovation Expo (SRIE).
The summit, to be held for the fourth consecutive year this October, is
targeting to attract over 40000 visitors and 850 local and international
booths, hence making it the biggest regional business event to be held in
the country.
The 6th edition of the Selangor International Expo (SIE) will continue to be
the biggest component of SIBS 2020. “For the 2020 edition, the SIE will
expand its international buyers’ programme from 141 buyers in 2019 to
300 from all over the world that are looking to expand their F&B products
sourcing from ASEAN,” said Y.B Dato’ Teng Chang Khim, Selangor’s State
Executive Councillor for Investment, Industry & Commerce and SME,
during the pocket talk on F&B Industry event in Selangor held here today.
Among the main highlights of the SIE 2020, 6th edition are Malaysia
International Tea and Coffee Expo, Selangor International Culinary
Festival and Selangor International Halal Conference.
The Malaysia International Tea and Coffee Expo, to be jointly organised by
the MyTA, is expected to highlight the creme de la creme of the rapidly
growing and diversifying beverages segment.
Whilst the Selangor International Culinary Festival 2020 will be featuring
Worldchefs Endorsed Culinary Competition, where award-winning chefs
will demonstrate their skills and creativity in recreating Selangor’s heritage
cuisines.
The Selangor International Halal Conference will continue to be featured
as one of the main programmes of SIE to bridge the gap between
distributors, consumers and authorities with dialogues focusing on
improving the current market access and latest requirements on Halal
products.
“SABC 2020, the second component of SIBS 2020, is expected to be
equally interesting with the gathering of economic players from several
countries including high-profile business leaders, trade related
associations and international investors.
“SABC 2020 aims to strengthen ties between ASEAN and non-ASEAN
companies by providing valuable updates and guidance on business
expansion into new markets, “said Y.B Dato’ Teng.
The SDEC 2020, meanwhile, is expected to provide the opportunities for
investors, entrepreneurs and corporate executives to share and discuss on
the latest insights and prospects of Artificial Intelligence and FINTECH. A
prize presentation ceremony for Malaysia’s Top E-Commerce Merchants is
also expected to be held on the final day of this component.
The SRIE 2020 completes the summit to solidify Selangor’s position and
value in the global world of innovations by giving innovators a platform to
integrate and create while encouraging direct peer engagement for higher
levels of deal-making, co-investments, strategic partnerships and business
networking.
Y.B Dato’ Teng said that SIBS is one of the state’s key globalisation and
trade initiative strategies to position Selangor as a prominent marketplace
for entrepreneurs and investors to do businesses in the South East Asian
region.
“It is also an initiative to position the state as a preferred investment
destination across the region, making Selangor the Gateway to ASEAN,”
he added
He further reiterated that since its inception in 2015, SIBS has welcomed
nearly 100,000 visitors from over 50 countries, which has accumulated
RM1,143.30 million in a negotiated transaction value.
Booth space is available at RM6,500 each for the standard shell scheme
and RM650 each for the bare space. Those interested to participate in any
of the expos or conferences or wants to know more about SIBS 2020, are
advised to visit our website at www.selangorsummit.com.
About Invest Selangor Berhad:
Invest Selangor Berhad is an investment promotion agency playing a key role in
promotion and attracting both local and foreign direct investments in order to
encourage the economic development of Selangor. Invest Selangor also coordinates
and facilitates the approval of investors’ applications with government agencies and
provides relevant business matching and marketing opportunities to improve the
business ecosystem in the state.
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