By Ida Nadirah Ibrahim
SHAH ALAM, July 27 — Selangor will strengthen the state’s economy and logistics sector by developing a game-changing project dubbed Carey Selangor, which will see the development of the Special Economic Zone (SEZ) on Carey Island.
Menteri Besar Dato’ Seri Amirudin Shari said that the economy would receive a contribution of RM40.2 billion in gross value by 2060 and RM4.71 billion in gross development value (GDP) in 2045, which would result in the creation of 115,000 job opportunities.
“The project would be a comprehensive development that included logistics, ports, industrial and commercial areas, and recreation facilities.
“The project intends to stimulate and improve Selangor’s maritime economic ecosystem, enhance land usage for industrial development, and boost connectivity to assist both domestic and international trade in the long run,” he said during the tabling of the First Selangor Plan (RS-1) at the Selangor State Legislative Assembly, here today.
Amirudin said that Carey Selangor will cover 6,000 hectares and concentrate on three key industries, including manufacturing, ports and logistics and distribution hub.
“Malaysia’s logistics sector annually adds roughly 3.5 per cent to the country’s GDP. Due to the impact of a rise in e-commerce operations, postal and courier services also managed to achieve the highest growth in GDP when the pandemic hit.
“As a result, Selangor recorded 220,930 people employed in the logistics and storage industry in 2020,” he said.
According to Amirudin, the RS-1 has identified nine sectors that would continue to drive the state’s economy in its efforts to strengthen Selangor’s position as a centre of economic development and a crucial destination for strategic investment in Malaysia and the Asian region. These sectors were opted for based on their current contribution to the GDP, market growth potential, and future demands.
He said that the industries have the potential to increase Selangor’s economic influence as an economic powerhouse in Malaysia while also creating high-calibre employment opportunities throughout the state.
