SHAH ALAM, December 18 – Selangor, positioned as the Gateway To ASEAN, continues its ascent with the extraordinary success of the Selangor Aviation Show 2023 (SAS2023) and the Selangor International Business Summit 2023 (SIBS2023), recording close to RM7 billion combined in potential transaction value. SAS2023, held from 7 to 9 September at Skypark RAC in Bukit Jelutong, drew a record-breaking 19,217 visitors, surpassing the targeted 12,000. The event featured 109 exhibitors from 10 countries, showcasing cutting-edge products and services in the aerospace and aviation industries.
The show generated a remarkable RM823 million in potential transaction value and facilitated 28 Memorandums of Understanding (MOUs) for aerospace industry collaborations, highlighting its importance in positioning Selangor as a regional leader in the sector. SIBS2023, held over four days from 19 to 22 October, featured six main events and five parallel events with 972 booths taken up by 612 exhibitors. The summit attracted 57,249 visitors from 83 countries, a significant increase from 44,342 in 2022. SIBS2023 recorded the highest ever potential negotiated sales at RM6.12 billion, showcasing a substantial leap from the previous year’s RM1.45 billion.
The event also facilitated 34 MOUs, underlining its impact on collaborations across various industry sub-sectors. Both SIBS and SAS, organized by Selangor through Invest Selangor, reinforce the state’s significance as a regional investment and global trading hub. The success of these events emphasizes Selangor’s role as the Gateway To ASEAN, attracting businesses from local, regional, and international markets to explore the potential of the ASEAN market. Moving forward, SAS and SIBS will continue to play pivotal roles in bringing together industry players to unlock the vast potential of the Malaysian and regional markets.
