By Amar Shah Mohsen
SHAH ALAM, Nov 21 — Nine investment projects worth RM5.52 billion, stemming from Prime Minister Datuk Seri Anwar Ibrahim’s overseas trade missions, have already taken root in Selangor as of October this year.
State executive councillor for investment, trade and mobility Ng Sze Han said these projects are expected to generate 1,300 jobs across key sectors including electrical and electronics, food manufacturing, logistics, and digital technology.
“The implementation of these investment activities brings direct benefits, including the creation of new job opportunities, technology and skills transfer, increased income and quality of life, stimulation of local economic growth, and improvements to infrastructure,” he said.
He was responding to questions from Rawang assemblyman Chua Wei Kiat on foreign investments in Selangor, at the State Legislative Assembly here today.
Ng said the nine projects include investments from KarbonMRO Services of Japan (aerospace maintenance, repair and overhaul), Longi Malaysia Sdn Bhd of China (high-efficiency solar wafers, cells and modules), Cadbury Confectionery Malaysia Sdn Bhd of the United Kingdom (chocolate and wafer manufacturing), and NEXTDC of Australia (hyperscale data centre).
According to Ng, between 2023 and 2025, Anwar led 33 overseas investment promotion missions to 23 countries, successfully securing potential investments worth RM493.58 billion.
As of January 2025, investments amounting to RM123.8 billion have been approved nationwide.
“Generally, the implementation of approved investment projects takes between 18 and 24 months to be realised, depending on the scale of the project and economic conditions.
“Realised projects refer to those that have begun operations, are under construction, or are currently in the planning stage,” he added.
