By Amar Shah Mohsen
SHAH ALAM, June 19 — Selangor’s ability to attract RM33.5 billion in approved investments in the first quarter of this year (Q1 2026), accounting for more than a third of the national total, underscores its role as a key driver of Malaysia’s economic growth and as a leading hub for technology and innovation.
Menteri Besar Dato’ Seri Amirudin Shari said that while disruptions to international trade and rising global operating costs stemming from the conflict in West Asia could affect a significant portion of the state’s economic activities, Selangor remains well positioned to benefit from the ongoing reconfiguration of the global economy.
He said the diversification of global supply chains, the rapid expansion of the digital economy and growing demand for semiconductors and artificial intelligence (AI) infrastructure continue to create new investment opportunities for the state.
"Selangor remains Malaysia’s leading investment destination, supported by its strong industrial ecosystem, high-quality workforce and mature infrastructure," he said when tabling Phase 2 of the Selangor Resilience Enhancement Package at a special State Legislative Assembly sitting here today.
Amirudin pointed out that of the RM92.8 billion in approved investments recorded in Malaysia in Q1 2026, RM33.5 billion was from Selangor, nearly double the amount secured by Johor and Kuala Lumpur, which each attracted RM16.9 billion.
He said this achievement reinforced Selangor’s position as the nation’s economic engine and Malaysia’s leading digital technology hub, supported by a mature ecosystem in Cyberjaya, world-class infrastructure, comprehensive logistics networks, and its ability to attract global technology companies.
"Selangor’s success demonstrates that the state is not only a preferred investment destination but also plays a vital role in driving Malaysia’s economic growth and positioning the country as a regional hub for technology and innovation."
The Menteri Besar said first-quarter investments in the country involved 1,249 projects, with more than 50,000 new job opportunities expected to be created.
He said while the overall value declined slightly compared to the previous year, investor confidence remained strong, with domestic investments increasing by 13 per cent to RM36.6 billion, while foreign investments contributed RM56.2 billion.
Japan emerged as the largest investor with RM21.5 billion, followed by China and the United States, he said, adding that the services sector remained the largest contributor, particularly the information and communications subsector, which attracted RM38.9 billion in investments.
Amirudin said the key challenge this year extends beyond managing geopolitical risks to ensuring Selangor remains economically resilient through strategic investments, the expansion of high-value industries, the development of local talent, and the strengthening of global trade and investment ties.
"In an increasingly uncertain global environment, the ability to adapt and respond swiftly will be a determining factor in the state’s future competitiveness and economic prosperity."
