Selangor Journal
Menteri Besar Dato’ Seri Amirudin Shari speaking in the Selangor State Legislative Assembly on November 29, 2021. — Picture by AHMAD ZAKKI JILAN/SELANGORKINI.

Selangor outlines nine investment strategies to attract potential investors — MB

By Nasuha Badrul Huzaini

SHAH ALAM, Dec 8 — The Selangor government will focus on economic development through high-impact investments, in line with the advancement of the high technology industry, said Menteri Besar Dato’ Seri Amirudin Shari.

In relation to this, he said the state government has outlined nine strategies to promote investment opportunities readily available in the state.

Among these strategies is to update and provide a comprehensive investment guide book for potential investors.

“The guide book will help investors and can be used as a reference point for them to better understand the state’s economic landscape.

“In addition, the state government through the Selangor Information Technology & Digital Economy Corporation (Sidec) will develop the State Agriculture Technology Industri, via the Selangor Accelerated Programme.

“The new focus in the sector has become key to Selangor’s economic recovery through digital transformation and the enhancement of technology adoption in businesses,” Amirudin said in response to a query from Gombak Setia assemblyman Muhammad Hilman Idham during the State Legislative Assembly session earlier today.

Other investment strategies include carrying out branding and promotion of potential industrial areas through print or electronic media, assisting industry players in resolving arising issues related to investment, as well as providing strategic planning for the industrial sector.

Others include enhancing promotional activities in other countries, forming a networking session with related agencies, establishing strategic partners from related agencies, and encouraging the opening of new industrial areas with involvement from the state’s subsidiaries.

The Menteri Besar added the state government intends to spur economic growth in Selangor, so that the revenues generated can be dispersed evenly to the people.

“We are always on the lookout from time to time for new revenue streams, based on the collectible sources of revenue.

“Among the new policies which are currently being planned under the State Government Revenue Policy includes introducing a special permit for temporary usage of agricultural land, and proposal for new Office Fees rate for the registration of Land/Lot transfer, among others,” he said.

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