By Nasuha Badrul Huzaini
SHAH ALAM, May 12 — Investors have continued to show confidence toward the state government’s business ecosystem despite various challenges faced during the Covid-19 pandemic, says Menteri Besar Dato’ Seri Amirudin Shari.
He said this was proven when Selangor managed to record the highest approved investment value of RM7.5 billion last year for the manufacturing sector, which had created 14,393 job opportunities for the people.
“With the challenges of the Covid-19 pandemic, the economic slowdown and lack of overseas promotional missions due to the closure of international borders, the record indicates strong confidence among investors in the state’s business ecosystem.
“Since 2017, nearly 84,000 jobs have been created in the manufacturing sector. The high-impact investment remains to be our top priority.
“Apart from the quality employment opportunities, this development also became a testament to the stability and right policies implemented by the state government,” he said on Facebook today.
On April 13, Invest Selangor Bhd had said Selangor had retained its position as the top destination for manufacturing projects, registering 247 investment projects in 2021.
Citing the Malaysian Investment Development Authority (Mida) data, the state investment arm stated that Selangor received a total of RM7.5 billion of investment in the manufacturing sector in 2021, contributed mainly by Domestic Direct Investment (DDI), with an investment value of RM6.1 billion.
The state had also created the highest employment opportunities in the country, with over 14,000 jobs offered to its multitalented and multiskilled workers.
