The Selangor International Business Summit 2019 (SIBS) was officially launched on 15th July 2019 by Y.A.B Tuan Amirudin bin Shari, Dato’ Menteri Besar Selangor (Chief Minister of Selangor).
Present at the event was Yong Kai Ping, Chief Executive of SITEC (Selangor Information Technology and E-Commerce Council), Encik Muhammad Yasir bin Yahya, Under Secretary, Human Resource Division, Selangor State Secretary, Y.B Dato’ Teng Chang Khim, Selangor State Senior Executive Councillor (EXCO) for Investment, Industry and Commerce and SME and Y.Bhg Dato’ Hasan Azhari Hj Idris, Chief Executive Officer, Invest Selangor Berhad.
Selangor International Business Summit (SIBS) 2019, which is organized by Invest Selangor Berhad under the patronage of the State Government of Selangor, SIBS 2019 is an international event bringing together global brands and congregating industry players from the region, has attracted a series of high-profile official sponsors, strategic partners, local and international media partners, highlighting the event’s relevance to the local and ASEAN economy.
Among the partners who will be part of the 3rd edition of SIBS which scheduled to take place from 10th to 13th October 2019 at Malaysia International Trade & Exhibition Centre (MITEC), Kuala Lumpur include:
- Diamond Sponsor – Menteri Besar Selangor Incorporated;
- Platinum Sponsor – Hong Leong Bank Malaysia and PKT Logistic Group Sdn Bhd;
- Gold Sponsors – QSR Brands (M) Holdings Bhd and Central Spectrum (M) Sdn Bhd;
- Silver Sponsors – Northport (Malaysia) Bhd, MSM Kitchen Equipment Sdn Bhd and Malaysia Cocoa Board;
- Official Airline Partner – Malaysia Airlines Berhad;
- Official Ingredient Partner – Fraser & Neave Holdings Bhd, Avena Cooking Oil and
- Official Coffee Partner – Starbucks Malaysia.
According to Y.A.B Tuan Amirudin Bin Shari, Dato’ Menteri Besar Selangor (Chief Minister of Selangor), “SIBS will help strengthen Malaysia’s profile internationally as the strategic partner for businesses to enter the ASEAN market, and Selangor specifically as a solid proposition to be the hub in the region, where businesses are able to gather, engage and network in one place, that is Selangor, The Gateway to ASEAN”
“Selangor continues to raise the bar as the largest economic driver in Malaysia, with 23% contribution to Malaysia’s GDP in 2017. In terms of investment, we recorded our best performance in history with a RM18.9 billion, with 241 approved projects in 2018. In 2019, we are targeting to receive a total investment valued at RM10 billion, a conservative forecast due to various global economic uncertainties”, he added.
SIBS 2019 also offers a very strong line up of programmes, which will include a high value showcase of the 5th Selangor International Expo 2019, the 3rd Selangor-ASEAN Business Conference 2019, the 4th Selangor Smart City and Digital Economy Convention and the inaugural Selangor R&D and Innovation Expo to encourage greater business opportunities for SIBS 2019 participants.
There are more side programmes featuring Malaysia International Tea & Coffee Expo 2019 (MITCE), Malaysia China Entrepreneur Conference (MCEC), the Selangor Culinary Festival 2019, and Selangor International Halal Conference to encourage greater business opportunities for SIBS 2019 and that is set to become the highlight this year.
The Selangor International Business Summit (SIBS) is an annual international event in Malaysia that caters specifically toward positioning the state of Selangor as a prominent economic catalyst to propel businesses in the South East Asian region.
Selangor continues to play its role as an important Gateway to ASEAN, where local and international businesses can build and strengthen their presence in ASEAN. Selangor International Business Summit provides the avenue not only as the gateway into the Malaysian market but more importantly, continuing to serve as a springboard to tap into the broader ASEAN market which is home for over 600 million consumers and more than 200 of the world’s largest companies.
Selangor International Summit has been tagged as the largest state-led trade summit, a platform for Malaysian and international companies to forge trade relations and to exchange knowledge in business and product innovation.
SIBS 2019 is bigger, larger, and filled with exciting events such as conferences featuring influential speakers on the key issues that impact international trade, especially within ASEAN region, featured alongside an international expo showcasing products from countries such as India, Thailand, Vietnam, Indonesia, Taiwan and Japan participating this year.
Endorsed by Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency, under the Malaysian Ministry of International Trade and Industry (MITI), SIBS 2019 is set to further position Selangor as a significant centre for domestic and international businesses that would like to build or strengthen their presence in the ASEAN region.
For more information regarding Selangor International Business Summit 2019, please go to their official website here.