RM19.6b investments in Selangor manufacturing

SHAH ALAM: Selangor has chalked up investments worth RM19.656 billion for the manufacturing sector from April last year to March this year, the state legislative assembly was today.

State Investment, Industry and Trade, Small and Medium Industries Committee chairman Datuk Teng Chang Khim (pix) said of the total, RM8.637 billion was domestic investment while the rest was foreign investment.

Teng said Invest Selangor Berhad had allocated RM20.592 million, from Jan to Dec 2018 and RM7.11 million from Jan to June 2019 to carry out investment-related programmes in Selangor.

The programmes included International Business Summit 2019, the development and training of entrepreneurs as well as overseas investment missions and participation in local and foreign exhibitions, he said.

“Invest Selangor also organised dialogue programmes with investors, factory visits and arranged meetings with investors in case of any problems,” he said.