ECONOMY

TOP 5: Five WOW FACTS on Selangor economic investment!

20 Mar 2017, 2:59 AM
TOP 5: Five WOW FACTS on Selangor economic investment!
TOP 5: Five WOW FACTS on Selangor economic investment!

TOP 5

  1. Selangor’s total investment in 2016 amounted to RM7.88 billion despite global economic uncertainty as well as ringgit depreciation in the world market.
  2. Selangor appeared as the most progressive state in Malaysia and contributes 22.6 percent to the National Gross Domestic Product (GDP).
  3. Based on number of related projects, Selangor became the FIRST state and still ahead of all other states with 242 manufacturing projects approved in 2016.
  4. Malaysia International Aerospace Centre and the Asia Aerospace City, both located in Subang, Selangor reinforce the image of Malaysia and Selangor in the international arena. 62 percent of the country's aerospace industry operates in Selangor.
  5. UMW Corporation in collaboration with Rolls Royce developed the 20 acres ‘Fan Case’ high-tech production plant in Serendah, Selangor with an investment value of RM830 million.

SOURCE: MIDA / INVEST SELANGOR

PREPARED BY: MOHD EZLI MASHUT

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Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.