Selangor to Host International Business Summit in October
- Selangor said on Sept. 1 it will stage the Selangor International Business Summit from Oct. 14-17 in Kuala Lumpur alongside EU-Malaysia Business Day. - More than 550 EU companies already operate in Selangor, generating over RM51 billion in annual revenue, according to Invest Selangor and The Edge. - On Oct. 13, the EU delegation will host EU-Malaysia Business Day at Kuala Lumpur Convention Centre with European Commissioner Jozef Síkela.
Selangor said on Sept. 1 that it will run its flagship Selangor International Business Summit, or SIBS 2026, from Oct. 14 to Oct. 17 at the Kuala Lumpur Convention Centre, with the European Union’s annual EU-Malaysia Business Day scheduled at the same venue on Oct. 13. Invest Selangor, the state’s investment promotion agency, said the pairing is meant to bring foreign investors, multinational companies and local firms into the same week of meetings and exhibitions. The Edge Malaysia reported the plan on Sept. 1, citing Invest Selangor. Ng Sze Han, Selangor’s executive councillor for investment, trade and mobility, said the summit is part of the state’s push to position itself as an “ASEAN Model State for Equitable Growth and Quality of Life for All by 2030.” ### Why is Selangor pairing its summit with EU-Malaysia Business Day? The Delegation of the European Union to Malaysia will host the third EU-Malaysia Business Day on Oct. 13 in conjunction with SIBS 2026, according to Invest Selangor and The Edge Malaysia. The event is being organised with the Selangor government, Invest Selangor and the European Chamber of Commerce in Malaysia, now branded as EUROCHAM Malaysia. (theedgemalaysia.com) Selangor hosts more than 550 EU companies that generate more than RM51 billion in annual revenue, The Edge Malaysia reported, citing Invest Selangor. State officials are using that existing European corporate base to frame the October events as a trade and investment platform rather than a standalone conference week. ### What exactly is SIBS 2026? SIBS 2026 is the 10th edition of Selangor’s annual business summit and will be held from Oct. 14 to Oct. 17 at the Kuala Lumpur Convention Centre. (theedgemalaysia.com) Invest Selangor describes it as an annual event hosted by the Selangor state government and organised by Invest Selangor Berhad to connect exhibitors, buyers and delegates across markets. Since 2015, the summit has expanded from what Invest Selangor called a boutique trade event into a broader regional platform. A March 10 Invest Selangor release said visitor numbers rose from 4,316 in 2015 to 57,249 in 2023, while potential transaction value reached a record RM13.85 billion in 2024 and cumulative potential transaction value totalled RM30.56 billion. (investselangor.my) ### Which sectors are being highlighted this year? Invest Selangor said this year’s programme will spotlight advanced manufacturing, green transition, digitalisation and logistics. Those are the sectors The Edge Malaysia said would be featured alongside the summit’s broader investment and trade agenda. The 2026 edition also adds new specialist pillars, according to Invest Selangor’s March release. (investselangor.my) They include the Selangor Techsphere Summit, organised with Hannover Fairs Asia Pacific; the Selangor AI & Semiconductor Summit 2026, organised by SIDEC; and the Selangor International Care Expo, organised by Wanita Berdaya Selangor. Existing components include the Selangor ASEAN Business Conference and the Selangor Investment and Industrial Park Expo, or SPARK. (theedgemalaysia.com) ### Who is expected to attend from Europe and Malaysia? Jozef Síkela, the European Commissioner for International Partnerships, is scheduled to deliver the keynote address at EU-Malaysia Business Day, alongside senior Malaysian government officials, according to The Edge Malaysia’s Sept. 1 report. The event’s placement one day before SIBS opens gives European and Malaysian participants a direct handoff into the larger summit programme. (investselangor.my) EU institutions describe Malaysia as a regional hub and say trade and investment are central parts of the relationship. The European External Action Service says the EU works with local chambers including EuroCham to promote bilateral trade and investment in Malaysia. ### How does this fit Selangor’s broader investment push? Ng Sze Han said SIBS 2026 is tied to Selangor’s 2030 development goals and is intended to catalyse industry, attract high-value investments and support technology-led growth. (theedgemalaysia.com) The same summit is also being used as a venue for business-matching under the state’s BLAST supplier development programme for small and medium enterprises. Invest Selangor’s website says Selangor remained Malaysia’s largest contributor to national GDP in 2024, and state officials are using that economic weight to market the summit as a gateway into Malaysia and ASEAN. (eeas.europa.eu) That positioning is also reflected in the SIBS@ASEAN expansion plan unveiled in March. ### What happens next in October? Oct. 13 is the next dated milestone, when the Delegation of the European Union to Malaysia will stage the third EU-Malaysia Business Day at the Kuala Lumpur Convention Centre. (theedgemalaysia.com) SIBS 2026 then opens on Oct. 14 and runs through Oct. 17 at the same venue, with Invest Selangor listing the summit as its annual trade gateway event. (investselangor.my)