By Selangor Journal Team
SHAH ALAM, June 27 — The economic achievements recorded by Selangor last year, as highlighted by the Department of Statistics Malaysia (DOSM) in its latest report, serve as an insurance that the state will remain stable and prosperous.
This is according to Menteri Besar Dato’ Seri Amirudin Shari, who said the accomplishments are also a testament to Selangor’s position as Malaysia’s economic hub.
“Such a success proves the confidence that investors, both domestic and foreign, have in the state government,” he said in a statement today.
Amirudin said this in reference to DOSM’s report on the gross domestic product (GDP) by state for 2022, which noted that Selangor was the main contributor to the national economy, accounting for 25.5 per cent of the overall GDP.
The menteri besar pointed out that this is a 0.7 per cent increase compared to the previous year.
“This is the biggest increase and largest contribution to the GDP recorded by Selangor since Pakatan Harapan took over the state administration in 2008.”
DOSM’s report also highlighted that Selangor’s economic growth of 11.9 per cent is 3.2 per cent more than the figure recorded at the federal level.
Selangor is only one of four states to record growth rates higher than the national level, the other three being the Federal Territory of Kuala Lumpur, Penang and Pahang.
In the manufacturing sector, Selangor contributed about one-third to the overall industry, recording an increase of 9.0 per cent in 2022 compared to the previous year.
The construction sector in the state similarly recorded over one-third of the overall activity at the national level, with 34.1 per cent.
In the services sector, Selangor’s growth of 13.6 per cent was also the highest among all states.
Amirudin said he was honoured by the recognition given to the state.
“This was only possible thanks to the teamwork, perseverance and planning by state executive councillors as well as the lineup of committed civil servants.”
