CYBERJAYA, May 29 - The state government continues to aggressively strengthen its investment agenda to expand Selangor's 'economic pie' and ensure that the prosperity generated by development can be enjoyed inclusively by all segments of society.
State Executive Councillor for investment, trade and mobility Ng Sze Han said the economic spillover from investment activities has already been felt by the public, although the level of impact depends on the sector and the extent to which individuals are involved in the modern economic supply chain.
One of the clearest examples is the opening of Selangor’s first Integrated Circuit Design Park at the Puchong Financial Corporate Centre (PFCC) in Bandar Puteri Puchong, which currently houses 311 IC design engineers.
“If we calculate based on an average monthly salary of RM5,000 for 300 engineers, this means there is purchasing power worth RM1.5 million a month in the Bandar Puteri Puchong area. This is what we mean by the ‘economic pie’ continuing to grow and positively impacting local businesses.
“Previously, there was only one café at PFCC, but now the number has increased to three cafés to cater to the lifestyle trends of these young professionals. Those involved in this service chain will certainly feel the positive effects of the investment,” he said in an exclusive interview with Media Selangor recently.
Ng also reminded the business community to remain adaptive to changing times and avoid clinging to outdated business models if they wish to benefit from these high-impact investments.
Commenting on the impact on the industrial sector, he said that demand for skilled workers such as electrical chargemen has surged sharply following the rapid growth of data centres in the state.
“Due to the enormous electricity usage at data centres, the need for certified technicians has become extremely critical. If they upgrade their qualifications from low or medium voltage to high voltage, their market value will become very high, with far more lucrative salary offers,” Ng said.
The councillor emphasised that Selangor is not solely focused on foreign direct investment, but is also committed to strengthening domestic investment to ensure a complete supply chain ecosystem.
Statistics show that 55 per cent of the state's total investments last year came from local investors, while the remaining 45 per cent consisted of foreign investments, demonstrating the high level of confidence domestic companies have in Selangor's economic environment.
For the record, the state successfully recorded a total investment value of RM83.9 billion for 2025, far exceeding the initial target of RM65 billion. This achievement marks a new historical record and the second-highest investment performance ever achieved by Selangor.
