Selangor on track to top RM100b investment mark this year, says Amirudin
SEPANG, Sept 8 — Selangor is confident that the value of investments recorded by the state this year will exceed R...
Selangor is optimistic about surpassing the RM100 billion investment mark this year, according to Selangor Menteri Besar Datuk Seri Amirudin Shari. Up to mid-year, the state has recorded approximately RM70 billion in investments, displaying a promising trend. The target of RM80 billion, similar to the 2025 achievement, appears attainable, with the potential for exceeding RM100 billion if the trend continues favorably.
Amirudin emphasized the state government's strategy of conducting investment missions abroad, including to France, Germany, Saudi Arabia, and South Korea, to attract investment. The establishment of new industrial areas, such as the NCT Smart Industrial Park (NSIP) in Sepang and the development of a third port on Carey Island, is anticipated to further boost investment activities in Selangor.
The completion of the East Coast Rail Link (ECRL) by year-end will significantly contribute to the region's growth. Regarding the NSIP, more than 200 factories are expected to commence operations after obtaining approvals, primarily from local enterprises. This project forms part of the Integrated Development Region in South Selangor (IDRISS), a strategic industrial corridor for high-impact investments.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
