SIBS’ 21 Goes Hybrid, Opens Door To Foreign Investors

The Selangor International Business Summit (SIBS) 2021 will be held in hybrid mode this year from 7 October to October 10 to ease restrictions on movement in order to fight Covid-19 outbreak.

This year’s SIBS 2021 will offer 840 booths and 15,000 trade visitors from over 24 countries over the four-day hybrid summit.

Selangor State Executive Councillor (EXCO) Trade and Industri, Teng Chang Khim said through SIBS, Selangor will continue to open its door to investors, despite the disruption caused by the Covid-19 virus.

“SIBS 2021 will be a crucial part of the Global State’s economic rebuilding process to reverse the effects of the global outbreak,” he said.

In the meantime, Invest Selangor Bhd Chief Executive Officer (CEO) Hasan Azhari said the fifth SIBS this year, the smmit will feature six sessions and that exhibition and conferences will be held both physically in Kuala Lumpur and via virtually in selangorbusinesshub.my portal.

“There will be two new components which is the 7th Selangor International Expo (Medic) 1st Edition and the first Selangor Industrial Park Expo, or known as Sparks, ” he said in during his opening speech.

The summit will continue its previous sessions of Selangor International Expo, Selangor Asean Business Conference, Selangor Smart City and Digital Economy Convention and Selangor R&D and Innovation Expo.

Last year. Selangor topped the list for the best investment destination for 3 consecutive year in Malaysia, with a total approved investment amounting to RM38.7 billion.

Despite the pandemic last year, the virtual edition of SIBS 2020 attracted almost 178,000 online attendees from 54 countries.

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