CM: Transparency and Accountability Policy Main Attraction For RM48 Billion Investment In Selangor


SHAH ALAM, 17 FEB: The Transparency and Accountability policy adopted by the Selangor Pakatan Rakyat Government is the catalyst for investment growth and attraction in the state.

The achievement of RM48 billion in investments over the past five years shows that such policies are conducive principles of the PR administration of attracting investments into Selangor and making it the leading state in terms of investments.

Chief Minister Tan Sri Abdul Khalid Ibrahim said that the transparency policy shows that the State Government is open and promotes healthy business growth.

He said that since 2008, Selangor has been consistently ranked the first or second state with the highest investment.


The second state to achieve the highest amount of investment is Sarawak, by obtaining a total investment of RM40.72 billion.

“That is why we announced the state of Selangor to be the state to achieve the highest amount of investment since 2008,” said Abdul Khalid.

“The Selangor Government thanks all investors for your support and success,” said Abdul Khalid.

He said this during the 2012 Investors Appreciation Ceremony organised by the Selangor State Investment Centre (SSIC) which was held here at I-Walk I-City.

Also present at the ceremony were Selangor Executive Councillors, Teresa Kok and Dr Xavier Jayakumar, as well as the Selangor State Assembly Speaker, Datuk Teng Chang Kim.


At the event, the Hulu Selangor District Council, Subang Jaya Municipal Council and Shah Alam City Council received appreciations for being selected as “Investor’s Most Favourite Places For The Local Authority Category.”

Meanwhile, the Hulu Selangor Land and Mines Office, Petaling Jaya District Land and Mines Office and the Klang District Land and Mines Office received awards for the District category.

As for the category of Highest Local Investment, awards were given to Asia Pacific Truck and Bus Sdn Bhd and SKS Building Coach Sdn Bhd.

Meanwhile for the category of Highest Overseas Investors, awards were given to Baker Mansion and DSG (M) Sdn Bhd.

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