SHAH ALAM, Oct 2 — Selangor registered RM11.6 billion of investment in the manufacturing and services sector as of June this year.
State Investment, Industry and Trade, Small and Medium Industries Committee chairman Dato’ Teng Chang Khim said manufacturing contributed RM3.3 billion while RM8.3 billion from the services sector.
“Compared to the previous year, the numbers are lower due to to the Covid-19 pandemic, (but) we (state government) have expected it to affect our performance (investment).
“However, we still have hope (additional investment) as there are several applications made last year which are still on hold, also there were several enquiries made but no confirmation yet.
“As for now, there is at least RM5 billion (of investment) that are notified as confirmed and verified but we have yet to receive its official application,” said Teng after the launch of the Workforce Management Digitalization Programme or (Produtk) yesterday.
Produtk is a state government initiative towards digitalisation of businesses to help small and medium enterprises (SMEs) in Selangor in the adoption of Industry 4.0 technologies.
Teng said although the state government has set the target of achieving RM12 billion of investment this year, his team could not conduct promotions overseas due to the coronavirus outbreak.
However, he said the state has taken the initiative to conduct and participated in 10 webinars and had received good response from it.
