| Event |
JANUARY-FEBRUARY , 2022 | THE HEALTH
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Dato ' Seri Amirudin Shari Dato ' Teng Chang Khim
Tengku Amir Shah ( middle ) with Dato ' Amirudin Shari ( second from left ) and Dato ’ Teng Chang Khim ( fourth from left ).
Gateway to Southeast Asia
Selangor International Expo ( Medic ) features prominently at SIBS 2021
BY FATIHAH MANAF
INVEST SELANGOR Berhad successfully organised the 5th Selangor International Business Summit 2021 ( SIBS 2021 ) hybrid edition from Nov 18-21 , 2021 . The event , initiated by the Selangor Government , took place physically at the Kuala Lumpur Convention Centre and virtually at www . selangorbusinesshub . my .
The summit returned with a revitalised platform and the theme ‘ Selangor the Gateway to ASEAN ’. The event continues to play a critical role for Malaysia as it brings together regional and international experts of the industries to discuss and realise the vast potential of the ASEAN market , home to over 600 million consumers and over 200 of the world ’ s largest companies .
The Selangor International Expo ( Medic ) was among the main events of the summit - together with the Selangor International Expo ( F & B ), 5th Selangor ASEAN Business Conference , 6th Selangor Smart City and Digital Economy Convention , 2nd Selangor R & D and Innovation Expo and 1st Selangor Industrial Park Expo ( SPARK ).
According to Selangor State Executive Councillor for Industry and Trade Dato ’ Teng Chang Khim , the Selangor International Expo ( Medic ) focuses on Selangor ’ s robust life sciences core cluster , which has become a central aspect of our daily lives .
“ This inaugural trade expo will bring together the leading experts and industry players from the diagnostic , healthcare , pharmaceutical , hospital & rehabilitation equipment supplies industries to share , promote and showcase the latest healthcare and well-being products and services ,” he said in his welcome speech during the opening ceremony of SIBS 2021 .
Numerous big industry players
The Selangor International Expo ( Medic ) during SIBS 2021 featured exhibitors from numerous industry players such as Duopharma Biotech Berhad , Reszon Diagnostics International Sdn Bhd , Foresight Industries Sdn Bhd , Top Glove Corporation Berhad , Medicurve Sdn Bhd , Intaniaga Sdn Bhd and Medidata Sdn Bhd .
Visitors to SIBS 2021 also had the opportunity to learn more about digital health with exhibitors like Hewlett Packard Enterprise and MHNexus Sdn Bhd .
In addition to the main event , Selangor International Healthcare Conference was held for three days during SIBS 2021 , touching on critical issues and innovative solutions in medicine and life sciences .
This parallel event was co-organised by Invest Selangor Berhad and InfoMed ( Malaysia ) Sdn Bhd , featuring prominent names in healthcare . The three main themes discussed in the conference were
vaccination , elderly care and digital health .
Among the speakers at the conference were Tan Sri Datin Paduka Siti Sa ’ diah Sheikh Bakir , Chairman of Duopharma Biotech ; Dr Kuldip Kaur , Director of Sungai Buloh Hospital ; Datuk Dr Christopher Lee , Infectious Disease Specialist and President of Malaysian AIDS Council ; and Bryan Lin Boon Diann , CEO of Sunway Medical Centre .
In a welcome message , Mohan Manthiry , Founder and CEO of InfoMed , thanked Invest Selangor for confidence in InfoMed to organise the important inaugural international conference .
“ It has been a sheer privilege to organise this three-in-one conference , and I am confident the conference would highlight the challenges ahead and provide solutions and recommendations ,” he said .
Selangor ’ s life sciences cluster
Selangor has identified five core clusters to accelerate its economic growth and sustainability . These five segments are life sciences , food & beverages ( F & B ) manufacturing , electrical & electronics , transport equipment , and machinery & equipment .
According to Invest Selangor , the life sciences cluster contributes to about onequarter of Selangor ’ s overall manufacturing GDP and represents a leading engine for the State ’ s economic growth . The life sciences segment focuses on biotechnology , pharmaceuticals , medical devices and healthcare services .
The annual average direct investment from this cluster is around RM52 million , with 37 per cent of pharmaceutical companies , 45 per cent of healthcare centres and 102 BioNexus companies located in this golden State of Malaysia .
Invest Selangor noted that life sciences activities in Selangor had always been concentrated in the central region . They were mainly driven by the State ’ s strong economic growth , well-established infrastructures , easy access to an educated workforce , influx of medical tourists , and proximity to Kuala Lumpur being the business centre and Putrajaya as the administrative capital .
With vast development potential , the
State planned to advance the life sciences cluster to the next level and attract high-quality investments , simultaneously generating more employment opportunities .
Reaching a global audience
As the State ’ s investment promotion agency , Invest Selangor , was confident that SIBS 2021 would witness good participation and reach more audiences globally . The opening ceremony of SIBS 2021 was officiated by the Raja Muda of Selangor , Tengku Amir Shah Sultan Sharafuddin Idris Shah , who represented the Sultan of Selangor Sultan Sharafuddin Idris Shah .
Selangor Menteri Besar Dato ’ Seri Amirudin Shari , in his speech during the opening ceremony , stated : “ SIBS 2021 , a key annual initiative by Selangor , is one of the ASEAN region ’ s premier business summits , where local and international players can convene to explore the great potential of the ASEAN market .
“ The chance to connect business to new opportunities is undoubtedly important amidst a highly challenging economic environment today .”
Through its various conferences and exhibitions , he said that SIBS 2021 would present available growth opportunities , especially in Selangor ’ s five core clusters . These five core clusters include a range of industries , ranging from aerospace to pharmaceuticals , which have the highest potential to drive economic growth for the immediate period and the future .
In total , SIBS 2021 recorded RM217.6 million of potential negotiated sales , nearly reaching the sales record of the previous SIBS 2019 ( of RM247 million ).
The four-day summit has also surpassed the initial set target of 10,000 visitors with a turnout of 25,410 visitors , ranging from business owners , importers , wholesalers , distributors to retailers and members of the public .
The virtual edition of SIBS 2021 will continue on the Selangor business portal , www . selangorbusinesshub . my until October 2022 . SIBS 2022 is set to return to the same venue from Oct 6-9 , 2022 . — The Health