SHAH ALAM, Oct 7 — Menteri Besar Selangor (Incorporation), or MBI, will focus on translating economic priorities in the Second Selangor Plan (RS-2) into investable, deliverable and scalable projects, especially in water security, digital infrastructure, urban liveability, aerospace and manufacturing, and talent development.
MBI Group chief executive officer Dato’ Saipolyazan M. Yusop said the Selangor investment arm would gather state assets, its companies, private capital and strategic partners to support Selangor’s 2026-2030 development.
“In practical terms, basically this means accelerating digitisation, applying ESG (environmental, social, and governance principles) or embedding ESG into development, developing future talent, building the infrastructure needed for Selangor’s next phase of growth, and this is the key point… to set the direction of Selangor’s future.
“At the same time, MBI will play a role to (transform) Missions 1 and 2 (in)to investable projects and strengthen economic leadership and expand opportunities across (all) nine districts in Selangor,” he said in an interview with Astro Awani.
Saipolyazan said RS-1 showed that Selangor could set clear development priorities and deliver beyond its targets, which gave the state confidence that it can move to the next phase.
Between 2021 and 2024, Selangor recorded an average gross domestic product (GDP) growth of 7.9 per cent, above its 7 per cent target, while the state facilitated RM61 billion in investments and provided 3.9 million jobs.
In 2025, Selangor’s contributions made up 26.5 per cent of Malaysia’s GDP, with an economic value of RM460.1 billion, while RM101 billion in investments were recorded in 2024.
Longer-term focus in aerospace
According to Saipolyazan, MBI’s longer-term focus would include strengthening Selangor’s aerospace ecosystem, with the ambition of positioning the state as a regional aviation centre.
He said about 70 per cent of Malaysia’s aerospace ecosystem is located in Selangor, with activities ranging from maintenance, repair and overhaul (MRO) to higher-value aerospace manufacturing.
“We have Sepang Aircraft Engineering, we have aircraft support and maintenance activities in Subang, we have the AirAsia Group, we have base maintenance, and we also have helicopter MRO in Subang so we are also moving into the high-value segment of aerospace.
“Collins Aerospace, for example, invested US$63 million (RM257.5 million) in its Subang facilities to quadruple its services as a regional hub… and also GE Aerospace, I think they support more than 50 airlines worldwide, and they are in Malaysia with 700 skilled workers working with them.
“... and UMW Aerospace, they have their factory in Serendah, so they are providing services for the Rolls-Royce engine programme,” he added.
He said MBI is also building the 243ha Selangor Aero Park (SAP) at KLIA Aeropolis, with the first 40ha already secured by GE Aerospace for MRO and other activities.
Saipolyazan added that MBI has signed an agreement for about 1,214ha next to SAP, intended to support aerospace logistics and supply chain activities.
