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 while charting a new regional trajectory through 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.
Data from the last decade reflects a trajectory of aggressive expansion:
> Visitor surge: From 4,316 visitors in 2015, the summit reached a peak of 57,249 in 2023 – a 1,200% increase in participation over eight years;
> Intellectual leadership: Beyond trade, SIBS has established itself as a premier centre for thought leadership. To date, the summit has hosted over 1,081 speakers and welcomed more than 23,000 conference attendees, facilitating high-level discourse on Asean’s evolving economic landscape.
> Meteoric transaction value: Potential transaction values have skyrocketed from approximately RM200mil in its early years to a record RM13.85bil in 2024.
> Total economic impact: To date, SIBS has facilitated a cumulative total of RM30.56bil in potential transaction value, reinforcing Selangor's position as Malaysia's leading economic engine.
Entering its second decade, SIBS 2026 will officially incorporate three new specialised pillars designed to strengthen the state's multi-sectoral investment ecosystem:
> Selangor Techsphere Summit: 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), focusing on technical talent and industrial innovation.
> Selangor AI and Semiconductor Summit 2026: Organised by the Selangor Information Technology and Digital Economy Corporation (SIDEC), spotlighting leadership in high-value digital industries.
> Selangor International Care Expo: Organised by Wanita Berdaya Selangor (WBS), addressing the expanding care economy and inclusive growth.
These pillars join the established Selangor Asean Business Conference (SABC) and the Selangor Investment and Industrial Park Expo (SPARK). 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.
"SIBS 2026 represents 10 years of building investor confidence," said Selangor state investment, trade and mobility committee chairman Ng Sze Han.
"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.”
Invest Selangor chief executive officer Datuk Hasan Azhari Idris said, “SIBS@Asean marks our 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.”
For more information on SIBS 2026, visit www.selangorsummit.com.
