Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors

Malay Mail News & blogs · 1 hr ago

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Amirudin, in his address, said Selangor is not for cheap land or labour, but for long-term partnerships and Malaysia’s brightest minds.
“But if you want to develop long-term partnerships and want Malaysia’s brightest minds as your workforce and development team, I urge you to look at Selangor,” he said.
With a young, dynamic population of over 680 million people, Asean is rapidly emerging as the epicentre of global economic growth.

Sentences selected automatically from the original article by Malay Mail.

Also reported by Bernama

KUALA LUMPUR, Oct 14 — Selangor has attracted potential investment exceeding RM3 billion from four foreign investors through Letters of Intent (LOIs) facilitated by UOB Malaysia to Invest Selangor, reflecting the investors’ strong interest in exploring business and growth opportunities in the state.

The Selangor International Business Summit (SIBS) 2026 today witnessed the presentation of several LOIs from foreign investors, namely Shenghui Biotechnology (Malaysia) Sdn Bhd, Galaxy Data Centre, XTC New Energy and Wuxi Weifu Environmental Catalysts Co. Ltd.

Raja Muda Selangor Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj graced the event, which was attended by Selangor Menteri Besar Datuk Seri Amirudin Shari.

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Published: October 14, 2026 at 12:07 PM UTC
Section: Money
Format: Article
Original: malaymail.com ↗

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Malay Mail Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors (this story)

Selangor International Business Summit: State attracts over RM3b in potential investment from four foreign investors

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