Shah alam: A total of 948 investment projects in the services and manufacturing sectors, with a combined investment value of RM34.65 billion, were approved by the Selangor government from January to June 2025. State Executive Councillor for Investment, Trade and Mobility, Ng Sze Han, highlighted the balanced confidence from both domestic and international investors, with domestic investments contributing RM18.91 billion and foreign investments accounting for RM15.74 billion.

According to BERNAMA News Agency, the services sector remained the main driver, with approved investments totaling RM26.3 billion, while RM8.3 billion was recorded in the manufacturing sector as of the second quarter of 2025. Within the services sector, the information and communications technology (ICT) sub-sector led with RM11.4 billion in approved investments, followed by the real estate (development) industry with RM9.3 billion.

In the manufacturing sector, the transport equipment sub-sector attracted the highest approved investments at RM2.25 billion, with the electrical and electronics sub-sector close behind at RM2 billion. Ng Sze Han indicated that this trend is expected to continue, with the electrical and electronics and ICT sectors anticipated to remain the most active in 2026.

To maintain the momentum of investment inflows, the state government is implementing various facilitation measures, particularly in expediting the development approval process through a new initiative known as Speed Selangor. This initiative aims to standardize, accelerate, and streamline the development approval and business licensing processes across all local authorities, aligning with the ‘Ease of Doing Business’ principle to emphasize efficiency, transparency, and investor-friendly practices.