Selangor strengthens investment through industrial land sale agreement in Banting

30 Jul 2026, 1:17 PM
Selangor strengthens investment through industrial land sale agreement in Banting
Selangor strengthens investment through industrial land sale agreement in Banting

SHAH ALAM, July 30 — The state government continues to strengthen Selangor's investment sector through the signing of a Sale and Purchase Agreement (SPA) between Lion Group Property and Outdo Property Sdn Bhd for the acquisition of a 10-acre industrial site at the Banting Industrial City (BIC).

State executive councillor for investment, trade, and mobility Ng Sze Han said the agreement marked another significant step in reinforcing the state's position as a preferred investment destination.

"This significant milestone represents another step forward in strengthening Selangor's position as the investment destination of choice," he said in a Facebook post today.

Ng added that the state government remains committed to facilitating high-quality investments that generate quality employment opportunities, strengthen local industries, and drive Selangor's sustainable economic growth.

He also attended the ceremony and witnessed the signing of the SPA between Lion Group Property and Outdo Property Sdn Bhd at BIC today.

Categorynews

What do you think?

Latest
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.