World · Malaysia Bureau
Selangor targets RM100 billion investment value by 2026
Selangor's state government is confident the state will achieve RM100 billion in investment value by 2026, building on the RM70 billion recorded at mid-year.
LSN Malaysia ·
The Selangor state government is projecting it will reach RM100 billion in total investment value by 2026, according to Menteri Besar Amirudin Shari. The target represents continued growth from the RM70 billion in investments the state had accumulated by mid-year.
The investment projection reflects Selangor's position as Malaysia's premier industrial and commercial hub, home to numerous manufacturing facilities, logistics centers, and technology parks. The state remains a key destination for both domestic and foreign investors seeking to establish operations in the region.
The Menteri Besar's announcement underscores the state government's commitment to maintaining investor confidence and creating a conducive business environment. Achieving the RM100 billion target would demonstrate sustained economic momentum and further consolidate Selangor's role as a growth engine for the Malaysian economy.
The investment figures encompass projects across various sectors including manufacturing, technology, infrastructure, and services, highlighting the economic diversity that supports the state's development trajectory.