SHAH ALAM: Selangor International Business Summit (SIBS) 2019, which took place from October 10-13, 2019, achieved a transaction value of RM447.3 million, exceeding the RM250 million target set.
However, Selangor state executive council member and investment, industry and commerce and SMEs committee chairman Datuk Teng Chang Kim (pix) noted that the figure included the RM200 million from the Malaysia-China Entrepreneur Conference that was not organised by SIBS.
“On the whole, the event organised by SIBS saw a transaction value of RM247.3 million, which is a little shy of the RM250 million target. However, we regard the summit as a success despite coming slightly below the target,“ he told the media at a press conference today.
The four-day event attracted over 34,000 visitors, exceeding its initial expectation of 30,000 visitors.
Teng also took the opportunity to promote the upcoming SIBS 2020, which is set to be held from October 14-17, 2020 at the Kuala Lumpur Convention Centre.
Source: The Sun Daily