KUALA LUMPUR (March 9): The KL20 Summit is set to be organised in June 2026, said Deputy Economy Minister Datuk Mohd Shahar Abdullah. The KL20 summit is the government’s main initiative to promote Malaysia as a hub for the world’s top 20 startup ecosystems and to attract startups and international investors to invest in and operate companies in Malaysia. Mohd Shahar said the summit was not held in 2025 because the initiative was launched the year prior and needed time to assess the development of startups in line with the latest innovations and technologies. Mohd Shahar said the implementation of the KL20 Action Plan would continue to involve all relevant ministries and agencies, as well as joint monitoring by the Ministry of Economy and the Ministry of Science, Technology and Innovation. He said the plan aims to place Kuala Lumpur in 20th position in the global startup ecosystem by 2030.

Source: The Edge Markets March 09, 2026 05:52 UTC