Aiming for RM50bil in investments

Aiming for RM50bil in investments. [Newspaper] (2024)



Abstract

SELANGOR government has set a goal of achieving RM50bil in investments this year, a slight increase compared to the RM45bil target for 2023.“We have been receiving enquiries from potential investors from other countries, particularly China,” said state investment, trade and mobility committee chairman Ng Sze Han.“Selangor is an ideal location to invest in, as it has Port Klang, ranked the 12th busiest in the world, and two international airports (Kuala Lumpur International Airport and Sultan Abdul Aziz Shah Airport in Subang).He said Selangor, which was centrally located within Malaysia and South-East Asia, had various industrial zone options to suit different requirements or preferences, such as those located closer to an airport, port or highway.On the Demand-Responsive Transit (DRT) service, Ng said Selangor government was looking at expanding it to more zones in the state this year, including Shah Alam.“A study is still being carried out to determine which area in Shah Alam is most suitable.“We have received requests for the DRT service to be implemented in many areas (around Selangor) since it was launched late last year,” he said.“I think Universiti Teknologi Mara (UiTM) is one of the locations that could use a DRT service, as the university has a big campus and large student population.

Item Type: Newspaper
Keywords: Potential investors, Investments
Taxonomy: By Niche > Investments > Government Policy
Collections: Niche > Investment
Depositing User: Siti Rozana Mat Sanat (Segamat)
Date Deposited: 23 Apr 2026 14:45
Last Modified: 23 Apr 2026 14:45
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