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SIBS 2025 generates potential deals worth RM8.17 billion

The Sun Biz

SHAH ALAM: The Selangor International Business Summit 2025 (SIBS 2025) concluded with RM8.17 billion in potential transactions, strengthening Selangor’s position as one of Southeast Asia’s leading business and investment hubs.


The four-day summit, held on Oct 8–11 at the Kuala Lumpur Convention Centre, was hosted by the Selangor state government and organised by Invest Selangor Bhd.


The ninth edition featured 740 exhibition booths and 581 exhibitors from across the Asia-Pacific region, as well as participation from 10 Malaysian states.


SIBS 2025 comprised six flagship components: the Selangor Investment and Industrial Park (SPARK), Selangor Asean Business Conference (SABC), Selangor International F&B Expo (SIE F&B), Selangor Smart City & Digital Economy Convention (SDEC), Selangor Aerospace Summit (SAS), and Selangor International Care Summit (SICS).


Each segment brought together industry leaders, innovators and policymakers to discuss opportunities in trade, investment, and technology.


The summit drew 56,938 visitors from 89 countries, along with 179 speakers and 5,810 conference attendees, underscoring its growing international profile and role as a regional platform for knowledge exchange.


SPARK 2025 recorded the highest potential transaction value at RM6.96 billion, followed by SABC RM844 million, SIE F&B RM96.97 million, SDEC RM208 million, SAS RM52.07 million and SICS RM5.1 million.


Among the key highlights of SIBS 2025 were the signings of memorandums of understanding (MoUs), underscoring the summit’s role as a catalyst for strategic investments and cross-industry collaboration.


A total of seven MoUs were signed between Invest Pahang’s strategic partners with investing companies during SPARK 2025, the highest by any participating state.


These included a RM130 million agreement for the Jerantut Square Development Project, which aims to promote urban regeneration and commercial growth in central Pahang.


Another notable partnership saw Worldwide Holdings Bhd, through its energy arm Worldwide Energy Development Sdn Bhd, collaborate with Ace Gases Sdn Bhd and SKS Coachbuilders Sdn Bhd on a RM20 million green hydrogen hub in Batang Kali, Selangor.


The initiative integrates renewable energy generation, hydrogen storage, and mobility applications, aligning with Selangor’s green energy transition and Malaysia’s decarbonisation goals.


During SABC 2025, a memorandum of agreement (MoA) between Malaysia Chamber of Commerce Indonesia and Asiosasi Badan Usaha Pelabuhan Indonesia (Abupi), valued at RM844 million, was exchanged to strengthen business relations in the maritime and port sectors.


At SIE F&B 2025, Anramin Industry (M) Sdn Bhd and Noh Jubril Educational Concept Ltd signed an MoU valued at RM100,000 to enhance cooperation in education, product innovation, and international market expansion. The partnership focuses on knowledge exchange and long-term business growth.


Under SDEC 2025, an MoU between Oppstar Bhd and AsicAI Co marked a major milestone in advancing AI-driven IC design and semiconductor solutions, supporting Selangor’s mission to build a world-class deep-tech ecosystem valued at RM50 million.
The event also saw Xendit Malaysia launch its brand showcase, reaffirming its commitment to helping SMEs and startups accelerate digital adoption through financial technology innovations.


Meanwhile, SAS featured a RM50 million MoU between Pecca Aviation Services Sdn Bhd (PASSB) and Betamek Research Sdn Bhd. This partnership combines Betamek Research’s expertise in electronics engineering and design with PASSB’s capabilities in aircraft cabin interior solutions to advance innovation in aerospace technology.


At tSICS, Yayasan Warisan Anak Selangor signed MoUs with UniUni from South Korea and Hayat Technologies, worth RM1.85 million, to introduce and localise assistive device technology and innovation in Malaysia.


Overall, the MoUs signed during SIBS 2025 covered a wide range of sectors, including advanced manufacturing, logistics, renewable energy, and tourism development, and the digital economy, all of which are expected to generate sustainable investments, create new jobs and strengthen industry value chains across Malaysia.


Participants and investors lauded SIBS for its conducive business environment and networking value.


“It’s a very good opportunity to have a clear view of Malaysia’s industrial potential and its strong ecosystem,” said Christophe Vleic, JLL Appraisal & Property Services Sdn Bhd.


Jeremy Chan of Mindwave Studio said, “It’s exciting to see the variety of innovation coming to Selangor each year. The summit provides endless possibilities for collaboration and growth.”


With its emphasis on investment, trade, digital transformation, and sustainable growth, SIBS continues to position Selangor as the “Gateway to Asean”, connecting regional businesses and global investors through innovation, partnerships, and opportunity.

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