Bandung City Government Prepares for Selangor International Business Summit 2026 to Expand Regional Investment Benefits
PORTALJABAR, BANDUNG CITY - The Bandung City Government is finalizing preparations for the Selangor International Business Summit (SIBS), which will bring together Indonesian and Malaysian businesspeople to open up new investment opportunities for West Java residents (January 20, 2026).
The meeting between the Bandung City Government and the Selangor delegation is the first step in exploring economic cooperation with the potential to produce strategic projects.
The event, held at Bandung City Hall, serves as a forum to discuss cross-sector investment opportunities between West Java and Selangor.
Bandung City Regional Secretary, Iskandar Zulkarnain, explained that the SIBS will involve the provincial government, state-owned enterprises, and priority industry players.
"The scale is not just the city, but also West Java. Therefore, the opportunities for collaboration are also broad, including involving state-owned enterprises (SOEs), such as in the manufacturing sector and strategic industries," said Iskandar.
He emphasized that this forum can strengthen two-way investment between Indonesia and Malaysia, which already has a strong trade foundation.
The Selangor delegation's presentation indicated that Malaysia prioritizes Indonesia as its primary export destination, while its investment value is the highest in Southeast Asia.
Selangor is recorded as Malaysia's largest economic contributor, with strengths in the services, manufacturing, technology, logistics, halal, and life science sectors.
On the other hand, West Java is the driving force of the national economy, dominated by the manufacturing, transportation, logistics, trade, and services sectors.
The SIBS will focus on potential sectors including aerospace, rail, automotive, creative industries, health tourism, waste-to-energy, urban mobility, and construction and property.
The SIBS series includes not only discussions but also business matching, sectoral meetings, potential project visits, and investment and tourism exhibitions.
The Bandung City Government believes this international forum can open new market access and strengthen Bandung's position as a center of economic growth in the ASEAN region.
"We are open to opportunities for mutually beneficial cooperation, while adhering to the policies of the central and provincial governments," said Iskandar.
The SIBS is planned to take place in Bandung in July 2026, involving governments, businesses, and stakeholders from both countries.
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