Selangor to record more than RM100bil investment value in 2026, says MB
Amirudin Shari says the state recorded about RM70 billion in investments up to mid-year, and that the investment trend has been encouraging.
Selangor is on track to surpass RM100 billion in investment value by 2026, according to Menteri Besar Amirudin Shari. The state currently boasts approximately RM70 billion in investments, with a promising trend that could potentially exceed the RM80 billion target set for mid-2026. Amirudin attributes this success to the state government's consistent pursuit of overseas investment missions, including to countries like France, Germany, Saudi Arabia, and South Korea.
The development of new industrial areas, such as the NCT Smart Industrial Park and a third port on Carey Island, is expected to further bolster investment activities in the region. Additionally, the upcoming East Coast Rail Link, if operational by year-end, is anticipated to contribute to the excitement surrounding Selangor's economic growth.
As part of the Integrated Development Region in South Selangor, the NCT Smart Industrial Park encompasses about 368.26 hectares of prime land, with a total gross development value of RM10.2 billion.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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