SHAH ALAM – Selangor contributed 23.7 per cent to Malaysia’s Gross Domestic Product (GDP) last year, thus maintaining its status as the highest investment contributor compared to other states.
Selangor Menteri Besar Amirudin Shari said he described the achievement as a positive contribution from GDP of 22.7 per cent in 2016 to 23 per cent in 2017.
“It proves that Selangor is the most advanced state in Malaysia as we also offer a business-friendly environment especially in infrastructure and information and communications technology (ICT) facilities,” he said.
He said this during a Dialogue With Selangor Menteri Besar and The Hong Kong Chinese Importers and Exporters Association (HKCIEA), at the Concorde Hotel, Shah Alam on 10 September.
Also present were exco of Investment, Industrial and Trade and Transport, Dato’ Teng Chang Khim and Vice Chairman of the Chinese People’s Political Consultative Committee (CPPCC), Leung Chun Ying and HKCIEA delegates.
At the same time, Amirudin said Selangor also remained as the state with the highest number of Institutions of Higher Learning (IPT) in the country with 160 institutions, besides three major airports and the second largest port in Southeast Asia.
“In line with the vision to become a Smart Selangor state, the state government will continue to invest and improve infrastructure and delivery systems to meet the needs of investors.
“In addition, we will continue to move as quickly as possible to further enhance the conducive investment in Selangor, which will be an attractive destination for investors,” he said.
Meanwhile, Chang Khim said the dialogue session under Invest Selangor Bhd was seen as the best platform for establishing a potential business network between Selangor and Hong Kong.
He said the initiative was also to strengthen bilateral relations between Selangor and Hong Kong, especially in the manufacturing sector.
“The State Government will continue to focus on attracting investment, especially from China as investments from the country reached RM 3.98 billion last year, while investments from Hong Kong reached RM 1 billion,” he noted.