SHAH ALAM, Dec 9 — Selangor is set to boost its industrial growth with the launch of the 130ha IOI Industrial Park in Banting, said state executive councillor for investment, trade and mobility Ng Sze Han.
He said the RM1.5 billion project by IOI Properties Group Bhd (IOIPG) is more than just a commercial venture.
“It signals that the private industry, led by IOI Properties, has real confidence in Selangor’s future,” he added.
The state’s strong investment performance of RM101.1 billion in approved investments in 2024 nearly doubled to RM55.3 billion in 2023. From January to September 2025, Selangor contributed 30 per cent of all domestic and foreign investment projects in Malaysia, Ng was quoted as saying by The Star.
According to Ng at the launch of the industrial park yesterday, the site would support high-value sectors under the New Industrial Master Plan 2030 (NIMP), including electrical and electronics, biotechnology, and logistics.
“The most valuable resource today is talent. We are driving demand for skilled workers in Kuala Langat.
“We are positioning this park to maximise the flow of goods. It’s simple physics,” he said.
Strategically located, the site is 15km from the Kuala Lumpur International Airport and 45km from Port Klang via the West Coast Expressway, making Banting an emerging logistics hub.
Ng also highlighted IOIPG’s commitment to sustainability, with the first and second phase of the industrial park receiving provisional GreenRE Bronze certification.
“It shows we can build a manufacturing powerhouse and still take care of the environment we leave to our kids.
“This park is a partnership where the state provides the stability and the policy framework. IOI delivers world-class infrastructure, and the investors bring the innovation,” he said.
Ng added that its combination of talent development, trade efficiency and sustainability positions IOI Industrial Park as a key driver of Selangor’s next phase of industrial expansion.
