SELANGOR SUCCESSFULLY CONCLUDES INAUGURAL SIBS@ASEAN 2026 BANDUNG EDITION, STRENGTHENING MALAYSIA–INDONESIA ECONOMIC COOPERATION

^{SIBS@ASEAN 2026 Post Show Report}


SHAH ALAM, MALAYSIA, Aug 11 (Bernama) -- Invest Selangor Berhad successfully concluded the inaugural SIBS@ASEAN Bandung Edition, held from 9 to 10 July 2026 at Pullman Grand Central Bandung, Indonesia. As the pilot edition of SIBS@ASEAN, the programme aimed to strengthen economic cooperation between Selangor and West Java while creating new opportunities for trade, investment, and strategic partnerships across ASEAN. 

The initiative was organised in collaboration with strategic partners from both Malaysia and Indonesia. These included the West Java Provincial Investment and One-Stop Integrated Services Agency (DPMPTSP West Java), the Bandung City Investment and One-Stop Integrated Services Agency (DPMPTSP Bandung), the Malaysia Chamber of Commerce and Industry, the West Java Chamber of Commerce and Industry (KADIN West Java), the Indonesian Young Entrepreneurs Association (HIPMI) Jakarta and West Java, the Rebana Metropolitan Management Agency, CIMB Niaga, and Bank BJB (Bank of West Java and Banten). The event also received the full support of the Embassy of Malaysia in Jakarta and the Embassy of the Republic of Indonesia in Kuala Lumpur.

The two-day programme surpassed several of its key performance indicators, attracting 221 delegates from Malaysia and approximately 210 participants from Indonesia. A total of 74 companies from Selangor participated, representing strategic sectors such as aerospace, rail and mobility, property development, energy and utilities, technology, creative industries, medical tourism, and education. The programme successfully facilitated 237 business matching sessions, generating RM253.59 million in potential business value.

The Selangor delegation was led by YAB Dato' Seri Amirudin Shari, Dato’ Menteri Besar of Selangor, accompanied by senior members of the State Government. This included YB Dato' Dr. Ahmad Fadzli bin Ahmad Tajuddin, Selangor State Secretary, YB Dato' Dr. Haniff bin Zainal Abidin, Selangor State Financial Officer, YB Tuan Ng Sze Han, EXCO for Investment, Trade and Mobility, and YBhg. Mej (K) Dato' Ts. Saipolyazan M Yusop, Group CEO, Menteri Besar Selangor Incorporation. Prior to the summit, the delegation conducted official courtesy visits in Jakarta with Yth. Ibu Dyah Roro Esti Widya Putri, Vice Minister of Trade, Republic of Indonesia, Yth. Bapak Faisol Riza, Vice Minister of Industry, Republic of Indonesia, and Yth. Bapak Pahala Nugraha Mansury, Managing Director Global Relations & Governance, Danantara Indonesia to reinforce bilateral cooperation at the federal level.

The summit officially commenced with Welcome Addresses from Yth. Bapak H. Muhammad Farhan, Mayor of Bandung and YB Mr. Ng Sze Han, Selangor State Executive Council Member for Investment, Trade, and Mobility, followed by Special Keynote Addresses by the leadership heads of both states: Yth. Bapak H. Erwan Setiawan, Vice Governor of West Java and YAB Dato’ Seri Amirudin bin Shari, Dato’ Menteri Besar Selangor. The programme featured investment presentations highlighting opportunities in West Java and Selangor, alongside two high-level panel discussions focusing on strengthening the Malaysia–Indonesia supply chain and preparing ASEAN's future workforce.

One of the programme's key highlights was the signing of seven Memoranda of Understanding (MoUs) and one Letter of Intent (LoI), reflecting the growing strategic collaboration between institutions in Selangor and Indonesia. The MoUs included collaborations between: 

• Wanita Berdaya Selangor and the Ministry of National Development Planning (BAPPENAS) – The MoU between Wanita Berdaya Selangor and BAPPENAS establishes a collaborative framework to strengthen the silver and care economies in Malaysia and Indonesia. Through joint initiatives, they aim to build sustainable care systems, promote gender equality, and empower women in the care sector, while maintaining their independence to partner with other organizations on broader development goals.
• Wanita Berdaya Selangor, Caregivers Academy International Group, LPK Darmawan Lembaga Pelatihan Kerja and PT Rukun Sahabat Senior Living  - This initiative supports the care economy through both direct workforce development and broad ecosystem building. It provides a complete career pathway for caregivers—including ICCC training, internships at Rukun Senior Living, and local or international job placements. Additionally, the partnership strengthens the sector by exchanging best practices for care policies and infrastructure, and by serving as a strategic partner for the Care Expo and Selangor Care Network.
• ASEAN Future Workforce Council (AFWC) and KADIN Jawa Barat - It focuses on building multi-stakeholder partnerships to align training and certifications with industry needs, sharing workforce research to strengthen the regional skills ecosystem and promote TVET, and providing technical support to enhance KADIN's institutional capacity for labor market analysis. Finally, the agreement remains open to future, mutually beneficial collaborations to support these goals.
• Tourism Selangor and Batik Air - This strategic partnership aims to establish Selangor as a premier medical tourism destination by enhancing air connectivity with key regional markets, particularly Indonesia. By leveraging Batik Air's platforms for joint marketing and developing specialized medical travel packages, the collaboration seeks to provide seamless travel experiences for healthcare tourists in support of Visit Selangor Year 2026.
• Tourism Selangor and the Association of The Indonesian Tours and Travel Agencies (ASITA) - This partnership aims to establish Selangor as a leading medical tourism destination for Indonesian travelers by leveraging shared networks to boost patient arrivals. Through joint marketing initiatives, digital campaigns, and business-to-business engagements, the collaboration will promote integrated healthcare and travel packages. Furthermore, it facilitates knowledge exchange and industry connections by organizing Familiarisation (FAM) trips and networking programs that directly link Indonesian travel agencies with Selangor's healthcare and tourism stakeholders.
• Universiti Selangor (UNISEL) and Institut Teknologi Bandung (ITB) - This MoU between Universiti Selangor (UNISEL) and Institut Teknologi Bandung (ITB) establishes a strategic academic partnership focused on crossinstitutional exchanges, joint teaching, and collaborative research. A key initiative of this agreement is advancing microalgae-based technologies for carbon capture and sustainable bioproducts. Ultimately, this collaboration aims to mitigate climate change and develop environmental solutions that support UN Sustainable Development Goals 9, 13, and 17.
• Malaysia Chamber of Commerce Indonesia (MCCI) and Bank BJB - This MoU establishes a strategic partnership between MCCI and Bank BJB to boost trade, investment, and financial collaboration between Malaysia and Indonesia. Through joint initiatives, the agreement aims to drive sustainable economic development while creating added value for MCCI members.

In addition, GreatAsic Technology and the Indonesia Chip Design Collaborative Center (ICDeC). This strategic partnership between GreatAsic Technology and the Indonesia Chip Design Collaborative Center (ICDeC) aims to accelerate the growth of the semiconductor ecosystem. To achieve this, the collaboration will focus on advancing talent development, driving research innovation, and working together on joint chip design initiatives.

Following the forum, delegates participated in sector-focused breakout sessions covering aerospace, rail and mobility, creative industries, energy and utilities, property development, and technology, providing businesses with direct engagement opportunities with potential partners and government agencies.

On 10 July, participating Malaysian companies joined industry site visits across West Java, gaining first-hand exposure to major investment projects and industrial ecosystems. The comprehensive itinerary covered diverse sectors, featuring aerospace sites such as PT Dirgantara Indonesia, PT Iter Aero Industri, and the Kertajati Aerospace Park, alongside rail and mobility hubs including the Bandung Metropolitan Urban Railways, LRT Bandung Regency, and Kereta Api Indonesia. Furthermore, delegates explored technological and creative at Bandung Techno Park, the Bandung Command Centre, Bandung Polytechnic for Manufacturing, PT Curaweda Palagan Innotech, Agate International, and Ayena Studio. The tour also showcased large-scale infrastructure and sustainability initiatives, namely the Grand Kertajati Aerocity Commercial & Industrial Area and West Java's floating solar project at the Cipanas Reservoir.

The trade and investment mission brought together 42 companies and agencies from Selangor, representing both the public and private sectors, including multinational corporations, government-linked companies (GLCs), technology firms, developers, aerospace companies, and state agencies.

Complementing the business mission, Invest Selangor, together with Tourism Selangor and Education Malaysia Global Services (EMGS), organised the Selangor Medical Tourism and Education Expo. Featuring 32 exhibitors from Malaysia's healthcare, higher education, and financial services sectors, the expo further strengthened Selangor's position as a regional destination for quality healthcare, education, and investment.

The success of the inaugural SIBS@ASEAN Bandung Edition reinforces Selangor's commitment to expanding regional market access for its businesses, strengthening economic cooperation with Indonesia, and positioning the state as ASEAN's preferred investment destination. The programme successfully exceeded its initial targets for company participation and business matching sessions while opening new avenues for long-term collaboration across strategic industries.

YBhg. Dato’ Hasan Azhari Hj. Idris, Chief Executive Officer of Invest Selangor Berhad, stated: "The successful inaugural SIBS@ASEAN Bandung Edition reflects Selangor's commitment to strengthening regional partnerships and creating new opportunities for trade and investment. The strong participation, strategic collaborations, and RM253.59 million in potential business value demonstrate growing confidence in Selangor as a preferred investment destination. We look forward to building on this momentum at the Selangor International Business Summit (SIBS) 2026 this October."

The momentum generated through SIBS@ASEAN will continue at the Selangor International Business Summit (SIBS) 2026, scheduled to take place from 14–17 October 2026 at the Kuala Lumpur Convention Centre, where international investors and industry leaders will gather to further strengthen regional business and investment networks.
 
For more information on the upcoming SIBS 2026 in October, please visit www.selangorsummit.com.

About Invest Selangor
 
Invest Selangor Berhad is the Selangor State Government’s investment promotion agency, facilitating business growth and investment opportunities in Malaysia’s most developed and competitive state. As a one-stop centre, it provides advisory services, market insights, and facilitation for local and international investors looking to establish or expand in Selangor—the gateway to ASEAN.
 
With a strategic location, world-class infrastructure, and a thriving business ecosystem, Selangor continues to attract high-value investments across diverse industries, reinforcing its position as Malaysia’s economic powerhouse. Since 1999, Invest Selangor has successfully facilitated over 7,069 manufacturing projects, contributing to the creation of 508,316 jobs and securing more than RM256.6 billion in investments.
 
Invest Selangor also drives the Selangor International Business Summit (SIBS) and the Selangor Aerospace Summit (SAS), key platforms connecting industry leaders, policymakers, and entrepreneurs across ASEAN and beyond. Through strategic initiatives, it remains committed to a resilient, sustainable, and innovative economy, reinforcing Selangor as the preferred destination for global investors. For Selangor investment enquiries, please visit www.investselangor.my 
 
SOURCE: Invest Selangor
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Nur Azyyana Abu Bakar
Email: azyyana@investselangor.my

Name: Maryani Binti Mat Saad
Email: maryani@investselangor.my 

--BERNAMA