Selangor government allocates RM15 million for investment programmes, creating 31,886 jobs from RM34.65 billion in approved projects
SHAH ALAM: The Selangor government has allocated RM15 million in its 2026 state budget to enhance investment programmes and foster balanced economic growth.
Menteri Besar Datuk Seri Amirudin Shari announced the funding will support key initiatives including the Selangor International Business Summit, Selangor Soft Landing Programme, Selangor Lab Partnership, and SME-Investors Linkages.
He revealed that Selangor recorded stronger investment activity in the first half of 2025, with 948 projects approved worth RM34.65 billion.
This compares to 897 projects worth RM35.87 billion during the same period in 2024.
“Thirty-one thousand eight hundred eighty-six job opportunities were created through these approved projects,” he said while tabling the 2026 Selangor Budget at the State Assembly.
Amirudin highlighted that this year’s SIBS achieved its highest transaction value to date at RM8.17 billion.
The 2024 edition of SIBS recorded RM13.86 billion from two separate events.
He also revealed that Invest Selangor plans to expand SIBS to other ASEAN countries to attract foreign investment and allow local companies to invest abroad.
“If realised, this proactive approach could unlock two-way opportunities, enabling Selangor companies to invest internationally while attracting foreign firms to set up operations here,” he said.
The Selangor Soft Landing Programme has already attracted 13 investor companies to the state.
The Selangor Lab Partnership, which involves six life-science firms, will continue into 2026.
Amirudin added that Invest Selangor will also launch the SME-Investors Linkages programme to connect local companies with foreign investors.
This initiative aims to broaden market access and strengthen Selangor companies’ long-term position in the global value chain. – Bernama
