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Kinrara Community Service Centre

Ng Sze Han黄思汉
Investment & Trade

Investment that becomes jobs

IN
  1. 01The problem

    Global supply chains are moving, and Selangor competes with its neighbours for high-value investment and the good jobs it brings.

  2. 02The fix

    Promote Selangor through Invest Selangor and the annual Selangor International Business Summit (SIBS). Lead trade missions to new markets. Favour higher-value sectors. Keep backing domestic investors, who account for more than 60% of investment. Screen new data centres so household and industrial power supply stays secure.

  3. 03The proof

    RM101 billion approved in 2024. About RM70 billion approved in Jan–Jun 2026 across 835 projects, up 101% year on year and the highest in Malaysia. SIBS 2025 produced RM8.17 billion in potential deals. RM1.63 billion of new investment for Hulu Selangor in July 2026, a sign that growth is reaching beyond the cities.

  4. 04What's next

    SIBS 2026 (10th edition, 14–17 Oct 2026, KLCC) targets RM8 billion and 500 business-matching meetings; results will be added afterwards. Follow-up from the September 2026 Europe mission (31 meetings in Paris, Berlin and Eindhoven).

Investing in Selangor?

Invest Selangor is the state's investment agency and your first stop for investor services.

Sources

Related work

OngoingI
Record approved investments
RM101b in 2024; about RM70b in Jan–Jun 2026 across 835 projects, up 101% year on year.
Sources:Malay Mail(opens in a new tab)Bernama(opens in a new tab)
DoneI
IC Design Park, Puchong
Launched Aug 2024 and run by SIDEC; fresh graduates start at RM5,000–6,000. Target: 10 home-grown IC design firms in five years.
Where
Puchong
Started
Aug 2024
Partners
SIDEC
Sources:MIDA(opens in a new tab)MIDA(opens in a new tab)MIDA(opens in a new tab)
DoneI
RM50m for the national semiconductor fund
Committed in Oct 2026 through SIDEC and PNSB; investee firms SkyeChip and GreatASIC are based at the Puchong park.
Started
Oct 2026
Partners
SIDEC, PNSB
Sources:Media Selangor(opens in a new tab)

Latest on this

All updates
GovernmentI
Selangor: RM50m for the national semiconductor fund
Selangor commits RM50 million through SIDEC and PNSB. Two firms it backs, SkyeChip and GreatASIC, already design chips at the Puchong IC Design Park.
Problem → Fix → Proof → Next
GovernmentI
Selangor: about RM70b approved in Jan–Jun 2026
835 projects were approved in the first half of 2026, up 101% year on year and the highest of any state.
Problem → Fix → Proof → Next
GovernmentN
Europe mission: 31 meetings in Paris, Berlin, Eindhoven
A Selangor delegation met companies in aerospace, automotive and rail, and semiconductors across three cities.
Problem → Fix → Proof → Next
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