By Alang Bendahara
KUALA LUMPUR, Oct 6 — Even the threat of a downpour was no dampener as thousands of visitors made their way to the Plenary Hall of the Kuala Lumpur Convention Centre (KLCC) for the sixth edition of the Selangor International Business Summit 2022 (SIBS 2022), which kicked off today.
The four-day summit, showcasing Selangor’s attractiveness as a global business investment destination, was officiated by the Raja Muda of Selangor Tengku Amir Shah representing the Sultan of Selangor Sultan Sharafuddin Idris Shah Alhaj this morning.
In attendance were Menteri Besar Dato’ Seri Amirudin Shari and state executive councillor for investment, industry and trade Dato’ Teng Chang Khim, who also delivered their respective speeches.
Tengku Amir also witnessed the exchange of documents between UMW Development Sdn Bhd and LONGi (Kuching) Sdn Bhd, and the exchange of a memorandum of understanding (MoU) between the Selangor Agricultural Development Corporation (PKPS) and Petronas Global Technical Solutions Sdn Bhd.
His Highness later toured the exhibition’s main events accompanied by Amirudin, Teng, and other officials.
SIBS 2022 will showcase six main events, including the Selangor International Expo (SIE) Food and Beverages, SIE Medic, Selangor Industrial Park (Spark) Expo, the Selangor Asean Business Conference (SABC), the Selangor Smart City and Digital Economy Convention (SDEC), and the Selangor Research and Development and Innovation Expo (SRIE).
Three other events will also be held concurrently, including the Selangor International Culinary Festival (SICF), the Selangor International Healthcare Conference (SIHC) and the Asian Smart City Conference: Mayors Summit and Selangor Declaration.
With approximately 906 booths from 623 companies, this year’s summit will fully utilise KLCC’s total space from today until Sunday (October 9), aiming to receive 30,000 visitors during its duration.
SIBS 2022’s international participants hail from 24 nations including Australia, Austria, Bangladesh, Cambodia, Canada, the Czech Republic, Egypt, India, Indonesia, Tajikistan, Italy, Japan, South Korea, Maldives, the Philippines, Singapore, Sri Lanka, Switzerland, Taiwan, Thailand, the United Arab Emirates, Vietnam, and the United States.
Similarly, Federal and state agencies that have set up pavilions at the summit include the Federal Agriculture Marketing Authority (Fama), Majlis Amanah Rakyat (Mara), the Malaysian Cocoa Board, the Malaysia Fishery Department and Rubber Industry Smallholders Development Authority (Risda), and 10 pavilions from Selangor, Sabah, Sarawak, Johor, Melaka, Negeri Sembilan, Perak, Kedah, Perlis, and Penang.
Targeting an estimated RM350 million in potential negotiated sales for this year, SIBS 2022 continues to play its role as the region’s premier business conference for local and international industry players, enabling them to convene and explore the great potential of both the Malaysian and regional markets.
