Selangor expo targets RM100m transactions

The target is achievable because the expo is more known today, according to state exco


The Selangor International Expo 2017 targets to get more than RM100 million business transactions, said state executive councillor (exco) for investment, industry and commerce, small and medium enterprises, and transportation Datuk Teng Chang Kim.

Teng said the target is achievable because the expo is more known today, unlike when it was first introduced in 2015.

“The whole organisation process is also better, smoother and with the bigger amount of capital we invest in the promotions and advertisements, there will definitely be an increase on the business transactions,” he told The Malaysian Reserve yesterday.

The expo recorded business transactions of RM50 million in its first year and increased to RM100 million in the following year.

The expo was launched by Raja Muda Selangor Tengku Amir Shah Sultan Sharafuddin Idris Shah in Shah Alam.

In his opening speech at the Selangor International Expo, Teng said 760 booths have been taken up with more than 15,000 targeted visitors this year. As such, the organiser has extended the expo to four days, compared to three days previously.

“Last year, with 525 booths rented, the event spike in visitorship amounted to 10,689. Of which, 80% of them were trade visitors and 20% from overseas companies.

“We have attracted companies and organisations from abroad including Japan, China, the US, the Middle East, Europe and Asean to showcase their products and services here,” he added.

Some of the participating brands in the expo are Proliv Life Sciences Sdn Bhd, Sony and Yakult.

Besides the Selangor International Expo, the Selangor Smart City Exhibition and Future Commerce Convention was also held this week, with more than 8,000 visitors and participants recorded.

The expo was introduced in 2015 to position Selangor as a global trading hub, especially in view of being a reliable gateway to Asean for domestic and foreign corporations.