Selangor’s Robust Investment Performance From January – September 2024 Positions The State At The Forefront, Outpacing Other States

SHAH ALAM, Dec 23 (Bernama) — Selangor has once again reaffirmed its position as the leading state in investment performance, recording an impressive approved investment of RM66.8 billion between January and September 2024 as reported by Malaysian Investment Development Authority (MIDA). This achievement positions Selangor at the top, followed by W.P. Kuala Lumpur with RM63.9 billion, Kedah at RM34.0 billion, Pulau Pinang with RM22.6 billion, and Johor at RM18.1 billion.
 
The approved investments in Selangor are made up of RM15 billion from manufacturing-related projects, RM51.7 billion from the services sector, and RM38.7 million from the primary sector. This reflects a significant 58.7% increase, compared to RM42.1 billion recorded during the same period last year.

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