Selangor Secures RM29.1 Billion In Q3 Under RS-1 Investment

Selangor Government has secured a total of RM29.1 billion in committed capital as of the third quarter of this year for the implementation of projects under the First Selangor Plan (RS-1).

Chief Minister Dato Amiruddin Shari said of this amount, about half was invested into the manufacturing sector, including the development of the NCT Smart Industrial Park situated in the Integrated Development Region in South Selangor (Idriss). 

The remaining commitment has been earmarked for projects under the services sector like the Sungai Rasau Water Treatment Plant and data centre development in Petaling Jaya, as well as the agricultural sector, such as the Sabak Bernam Development Area (Sabda).

“Under RS-1, we intend to mobilise and develop the state’s economy through 262 targeted projects,” he said at the Selangor State Assembly sitting today. 

“These initiatives serve not only to bolster the economy but also strike a harmonious balance between infrastructure development and socio-economic empowerment of the populace, aligning with our commitment to sustainable development. 

“The initiatives align with our specified key economic enhancement strategies, particularly the review of various regions for development.”

Amirudin added that the state government has identified several high-value projects for the proposed development and will scrutinise applications from various private companies and state government subsidiaries. 

The Menteri Besar said this in response to a question from Gombak Setia assemblyman Hilman Idham on how much-committed capital the state government has secured from the private sector to realise RS-1.

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