Indonesian Political, Business & Finance News

SIBS 2026 opens investment and cooperation opportunities between Selangor and West Java

| Source: ANTARA_ID Translated from Indonesian | Economy
SIBS 2026 opens investment and cooperation opportunities between Selangor and West Java
Image: ANTARA_ID

Bandung City (ANTARA) - The Selangor International Business Summit (SIBS) ASEAN 2026 is opening up investment opportunities and strengthening economic cooperation between Selangor (Malaysia) and West Java through a forum bringing together government, businesses and investors, held in Bandung City.

Dato Menteri Besar of Selangor, Dato Seri Amirudin bin Shari, said the forum focuses not only on business opportunities but also on broader bilateral cooperation.

“Within the Selangor International Business Summit, one of the main agendas is business matching and coordination through institutions such as Invest Selangor and various related bodies. Because of that, the business sector will gain significant benefits from the relationships built through this forum,” said Dato in Bandung on Thursday.

According to him, all ideas arising from the forum should be followed up through cooperation between communities, institutions, companies and governments.

He expressed hope that the forum could serve as a venue for discussing various forms of bilateral cooperation, including the development of the semiconductor industry, food security, energy and defence.

“That is why I emphasise that this cooperation must go beyond mere business matters. If we only talk business, people will think solely of profit. Yet there are other equally important aspects, such as culture, sovereignty, security and prosperity,” he said.

Meanwhile, West Java Deputy Governor Erwan Setiawan said West Java has considerable potential that could be developed together with Selangor, ranging from the manufacturing sector, infrastructure and tourism to trade.

He added that West Java also wishes to strengthen the development of the sharia economy by learning from Malaysia, which is regarded as having successfully become one of the world’s centres for sharia economics.

“We also want to develop and learn from Malaysia, especially Selangor, how to enhance the sharia economy. That way, West Java, which has already received the Adinata Syariah award, can develop and put it into practice among the people of West Java,” he said.

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