Negri Sembilan sets sights on 2,405 projects by 2040
KUALA LUMPUR: Negri Sembilan is targeting more than an eight-fold increase in the number of investment projects in the state by 2040, with vast tracts of undeveloped land identified as a key advantage in attracting future investment.
Negri Sembilan aims to boost the count of investment projects by more than eight times by 2040, leveraging its abundant undeveloped land to draw in future investments. Currently, the state's built-up area is around 12.55 per cent, providing ample room for strategic growth.
Menteri Besar Datuk Ismail Lasim announced that the number of projects is set to surge from 295 worth RM19.1 billion in 2025 to 2,405 by 2040, backed by 14 investment sector focus areas. These areas include nine development parcels within the Malaysia Vision Valley (MVV) and five flagships outside MVV.
The state's undeveloped nature means it can accommodate industrial expansion, new townships, and both domestic and foreign investments. This position provides Negri Sembilan with considerable development capacity and competitiveness to fuel economic growth, industrial activities, new city development, and attract domestic and foreign investments.
The economic impact is expected to be substantial, with the state's GDP projected to grow from RM57.01 billion in 2023 to RM109.12 billion by 2040. The growth will be driven by high-impact projects in the Seremban Economic Development Zone and Port Dickson under MVV 2.0, as well as an agricultural promotion zone in Tampin, Jempol, Rembau, and Kuala Pilah, geared towards agricultural activities.
Jelebu will focus on biodiversity and ecotourism. The state administration plans to incorporate digitalization and new technologies, including artificial intelligence, into development management and government operations, aiming to make decisions more efficiently and responsibly while aligning with the state's carbon-neutral goals.
Ultimately, the development strategy will be judged based on its impact on people's lives, focusing on job creation, quality housing, better public amenities, efficient transportation, and a safe and conducive environment.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
