SUBANG JAYA – Selangor will become the largest furniture hub after the International Furniture City @ Selangor (SIFC) project will be implemented in Sungai Buaya, Rawang by the first quarter of 2020.
In recognition of the project, a memorandum of understanding (MoU) was signed between the Kuala Lumpur and Selangor Furniture Association (KSFA), B&G Property and MJD Land Sdn Bhd (MJD Land) on 19 August.
The MoU was signed by KSFA President Eric Lee; B&G Capital Resources Bhd, Tan Sri Barry Goh and MJD Land Director Sallehuddin Ahmad.
The event was witnessed by Selangor Menteri Besar Amirudin Shari who launched SIFC at The Place One City.
Amirudin said the development of SIFC would create jobs for the industrial sector and further boost domestic sales and the domestic economic cycle.
“I believe SIFC will be a viable plan as it aligns with the government’s goal of achieving RM 20 billion worth of furniture exports by 2025,” said Amirudin.
“Therefore, I believe that the establishment of SIFC will not only drastically improve the quality of the Malaysian furniture industry, but will also be a catalyst for an increase in contribution to the Gross Domestic Product,” he said.
Meanwhile, Eric said the SIFC, located about 35 kilometers from the city of Kuala Lumpur, would involve construction on a 700-acre site as well as two phases of construction.
“KSFA will now focus on the sale of 255 lots involving 290 acres of land,” said Eric.
“We believe that through the construction of the SIFC, we will be able to overcome the problem of illegal factories and boost the Malaysian brand,” he added.
