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Selangor Implements Over RM5 Bln Investment Projects From PM's Promotions Abroad

SHAH ALAM, Nov 21 (Bernama) -- A total of nine investment projects worth RM5.52 billion have been implemented in Selangor as a result of overseas promotions by Prime Minister Datuk Seri Anwar Ibrahim as of October 2025.

Selangor Investment, Trade and Mobility executive council member Ng Sze Han said the projects were expected to create 1,300 jobs in key sectors such as electrical and electronics (E&E), food manufacturing, logistics and digital technology.

“Between 2023 and 2025, the Prime Minister has led 33 investment promotion missions to 23 countries, successfully generating potential investments worth RM493.58 billion. 

“As of January 2025, investments worth RM123.8 billion have been approved nationwide, and as of  October, a total of nine investment projects worth RM5.52 billion have been realised in Selangor,” he said at the Selangor State Legislative Assembly sitting here today.

He was replying to a question by Chua Wei Kiat (PH-Rawang) who wanted to know the amount of investment realised in Selangor as a result of the Prime Minister's overseas promotions.

Ng said approved investment projects normally take between 18 and 24 months to be realised, depending on the scale of the project and economic conditions.

"Realised projects refer to projects that have started operating, are under construction, whether buildings or factories, or are in the process of installing machinery and equipment," he said.

Meanwhile, he said that most of the memoranda of understanding (MoUs) signed during promotional missions abroad such as the World Expo Osaka 2025 as well as through internal state initiatives are in line with the Prime Minister's efforts to attract foreign investments.

"The MoU at the federal level is coordinated by the Malaysian Investment Development Authority," he said.

-- BERNAMA