Selangor a haven for investors, with skilled workers, robust infrastructure — MB
06 Jun 2024
Selangor continues to be the prime investment destination, boasting a skilled workforce and well-developed infrastructure, said Menteri Besar Dato’ Seri Amirudin Shari.
He said this mature investment environment has created an ideal, safe setting for businesses to thrive.
“About a month ago, the Statistics Department reported that Selangor’s population had pushed past 7.3 million and continues to grow. That is more than 20 per cent of Malaysia’s population located across nine districts and 12 local councils.
“The majority are youth primed to enter or have just entered the workforce, thanks to the more than 160 universities in the state.
“These two factors mean we not only have a ready market, but a workforce primed to take up jobs that investments will offer,” he said at Tasco Bhd’s Triple Grand Celebrations opening ceremony here today.
The event was to celebrate Tasco’s opening of its new warehouse, which will be part of its Shah Alam hub. The new facility is one of the tallest warehouses in Malaysia, with four storeys reaching approximately 57m in height and spanning over 55,700 sq m.
With the new warehouse, Tasco’s Shah Alam hub now spans around 92,000 sq m, enabling the company to handle and serve more customers and cargo.
In his speech, Amirudin thanked Tasco for investing in the state, further enhancing the warehouse and logistics sector, which he said remains the cornerstone of a modern economy.
“The logistics industry in Malaysia plays a crucial role in the country’s economic development.
“To further enhance this sector, we must focus on strengthening technological advancement and increase the process of automation of the industry’s systems.
“It is only through this that we can sustainably offer better quality and higher-income jobs to our youth to combat living costs, which remain a concern for most, especially the working- and middle-class population,” he said.
Source: Selangor Journal
