KUALA LUMPUR (July 25): Selangor remains focused on maintaining its performance as the country's largest investment contributor by state through the organisation of the Selangor International Business Summit (SIBC 2024), said Selangor Menteri Besar Datuk Seri Amirudin Shari.

For the first quarter, Selangor was in third place with an investment of RM12 billion, while for the whole of 2023, Selangor was in second place with an investment of RM55 billion

"So the target this time is to maintain the large amount of investment and create significant economic opportunities for the people," said Amirudin following the opening of the 8th SIBC at the KL Convention Centre on Thursday.

At the same time, Amirudin said the state government will cooperate with the Ministry of Investment, Trade and Industry as well as other ministries in programmes that will bring economic benefits to Selangor.

“With Malaysia set to be the Asean chair in 2025, Selangor stands ready to support and complement the federal government and Miti in every way possible,” he added.

Meanwhile, commenting on Malaysia as the Asean chair, he said Asean countries should build trust and commitment through sharing technology goals to strengthen cooperation among Asean countries.

“Asean should no longer be a region where big players look to offshore their manufacturing hubs to lower costs, but be leaders in innovation and create technologies of our own to solve the grand challenges of our time,” he added.

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