Scheduled to begin next month at Kuala Lumpur Convention Centre, SIBS 2024 will be held in two series: Series One from July 25 to 27, and Series Two from Oct 16 to 19. This series will offer industry insights, engagement opportunities, and international networking platforms.

Mayor Mohamad Zahri Samingon said this will ensure micro and macro entrepreneurs can operate with greater confidence in the city, create better job opportunities and stimulate the local economy.

"Seri Paduka juga mendoakan agar dengan pelaksanaan pelan induk tersebut, Malaysia kekal berdaya saing dan berdaya maju selain meletakkan negara sebagai kuasa ekonomi serantau," menurut Istana Negara.

Tengku Zafrul said the investments are a vote of confidence in Malaysia’s economy and its offerings to investors, including a government that supports and develops pro-business policies and continuously enhances the ease of doing business in Malaysia.

MoU itu dijangka dapat meningkatkan lagi kerjasama ekonomi dan perdagangan antara Guangxi dan Malaysia.