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Aerospace park development, transit van service support state economic growth — Exco

Aerospace park development, transit van service support state economic growth — Exco

12 Feb 2024

The Selangor economy is growing according to planned and is expected to continue to improve with the implementation of various initiatives by the state administration, said Ng Sze Han.

The state executive councillor for investment, trade and mobility said that some of the efforts include providing the on-demand transit van service or demand-responsive transit (DRT) and the development of the Selangor Aerospace Park (SAP), involving 2,000 acres of land in Sepang.

He said several programmes developed by the Selangor Information Technology and Digital Economy Corporation (Sidec) would also ensure high-income job opportunities.

“By connecting these three main elements, the Selangor economy will be guided in the right and better direction,” he said in a video on Facebook in conjunction with the Chinese New Year celebration.

This year, Selangor is targeting an investment value of up to RM50 billion, an increase of RM5 billion compared to the previous year, driven by economic development and the opening of all sectors.

From January to June last year, Selangor approved 657 investment projects in the manufacturing and services sectors involving a total investment value of RM29.72 billion.

Source: Selangor Journal

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