The Selangor state government is confident that the state will be able to increase its contribution to the nation’s gross domestic product (GDP) to 30 per cent between 2025 and 2026.
Menteri Besar Datuk Seri Amirudin Shari said this will be driven by projects such as the Integrated Development Region in South Selangor (IDRISS) as well as the NCT Smart Industrial Park (NCT).
“With the injection of projects like NCT and IDRISS, we are confident that we can galvanise more economic activities,” he said to reporters after the NCT Group of Companies’ Smart Industrial Park’s groundbreaking ceremony in Sepang today (April 7).
He added that such major initiatives would boost the state’s economic growth and subsequently increase its contribution to the national GDP, which stood at 24.8 percent in 2021.
Amirudin said that despite the absence of major projects, Selangor’s contribution to Malaysia’s GDP had increased by between 0.2 per cent and 0.5 per cent per annum since 2018.
