Despite facing the challenges of the Covid-19 pandemic and severe floods, Selangor recorded investments totaling RM55.3 billion last year, generating 30,000 new job opportunities across various sectors.
The Chief Minister, Datuk Seri Amirudin Shari (pic), highlighted that despite the adversities, the state managed to constructively respond to the demands of the market by initiating numerous employment opportunities.
He emphasised his administration’s commitment to providing technical and vocational training programs tailored to current needs.
“For instance, the establishment of the Selangor Technical and Vocational Skills Development Center (STDC) exemplifies our focus on enhancing TVET to propel the state towards advancement and to meet local human resource demands.” he said.
The STDC, which evolved from the International College of INPENS in August 2020, is part of the state government’s initiative to formulate the Excellent Education Agenda under the 2020 Budget strategy.
Last week, the Malaysian Investment Development Authority (Mida) announced that Selangor’s investment last year surpassed the set target of RM45 billion, reaching RM55.3 billion.
Data from the agency also indicated a significant increase in manufacturing projects, from RM19.3 billion in the previous year to RM12.2 billion in 2022.
The surge in investments underscores Selangor’s resilience and attractiveness as a key investment destination despite the prevailing challenges, positioning the state as a hub for economic growth and development.
