By Selangor Journal Team
SHAH ALAM, Jan 2 — The state’s investment promotion agency Invest Selangor Bhd is spearheading efforts to attract investors and fully capitalise on the opportunities offered by the Port Klang Free Zone (PKFZ), executive councillor for Investment, Trade and Mobility Ng Sze Han said, noting the hub’s potential.
In a post on Facebook following a site visit there, the state executive councillor for investment, trade and mobility pointed out that a large portion of the hub remains unoccupied.
This, he said, presents a huge opportunity for investors.
“During the visit, we explored key facilities, including the vacant Hotel and Convention Centre and the Light Industrial Unit Complex.
“With 40 per cent of the complex still unoccupied, it presents significant potential for light or downstream industry processes to take root.
“Invest Selangor will spearhead efforts to attract investors and unlock PKFZ’s full potential, ensuring this zone becomes a thriving centre for economic growth and collaboration,” he said yesterday.
Ng said the collaboration between the state government and PKFZ, which is owned by the Federal government, is crucial to revitalising the area.
“Its proximity to Port Klang, its location in the Royal Town of Klang, and its status as a Federal government-owned zone offer immense opportunities for state-Federal partnerships to create a vibrant, liveable economic hub.”
The PKFZ is a 1,000-acre integrated Free Commercial and Industrial Zone located near Port Klang, which stands as Malaysia’s largest port, handling 14 million TEUs (twenty-foot equivalent units) annually.
A TEU is a measure of volume in units of twenty-foot long containers.
The free zone provides facilities for international cargo distribution and consolidation centres.
