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 that the state's investments in 2026 will surpass RM100 billion, according to Selangor Menteri Besar, Datuk Seri Amirudin Shari. Up to mid-year, around RM70 billion in investments have been recorded, indicating a promising trend. "Our target was RM80 billion, akin to the achievement in 2025, but we have already surpassed RM70 billion by mid-2026," Amirudin stated during a press conference following the VP ceremony for the NCT Smart Industrial Park (NSIP) in Sepang.
He attributed the strong investment performance to the state government's consistent investment mission abroad, including to France, Germany, Saudi Arabia, and South Korea. The creation of new industrial areas, such as NSIP and a third port on Carey Island, is also expected to further boost Selangor's investment activities. Additionally, the East Coast Rail Link's timely operation is anticipated to enhance investment prospects in northern areas.
Regarding NSIP, over 200 factories are projected to commence operations following approvals, with most participating entities being local enterprises. Situated in the Integrated Development Region in South Selangor (IDRISS), NSIP, which covers around 368.26 hectares of prime land with a gross development value of RM10.2 billion, plays a crucial role in driving socio-economic and industrial growth in the region.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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