SHAH ALAM: Projects and initiatives to be carried out in Selangor under the First Selangor Plan (RS-1) will have a total value of RM212.4bil.
This will be implemented over a five-year period between 2021 and 2025, said the Selangor Mentri Besar.
“There will be a RM7.16bil allocation from the state government as start-up capital and implementation of 262 initiatives under RS-1,” said Datuk Seri Amirudin Shari.
“A total of RM34.26bil involves projects under state subsidiaries or government-linked companies (GLCs) while RM51.02bil is for projects under private financing on land or localities in Selangor. These three components total up to RM92.44bil in value.
“The remainder comes from federal projects worth RM120bil, which will provide economic spillover effects in Selangor.”
The federal projects comprise those under the 12th Malaysia Plan (RMK-12) and Public-Private Cooperation Unit, such as the East Coast Rail Line, Light Rail Transit and Mass Rapid Transit.
Amirudin said RS-1 differs from RMK-12, as RS-1 includes initiatives by private companies and state subsidiaries or GLCs.
“RS-1 will complement RMK12 and complete Selangor’s direction as a whole,” he said.
“Some of the projects will also be factored in when planning and tabling Selangor 2023 Budget.”
Amirudin said this after tabling RS-1 at the state assembly building in Shah Alam on Wednesday (July 27).
He said the plan is expected to be debated at the sitting until Monday at the latest (Aug 1).
As an effort to invest in Selangor's future, RS-1 will embark on projects such as Carey Selangor special economic zone, Shah Alam Contemporary and Modern Arts, Integrated Development Region in South Selangor, Sabak Bernam Development Area, Selangor Maritime Gateway Economic Development Zone, Iltizam Selangor Penyayang, Integrated Waste-to-Energy Solid Waste Management Centre, redevelopment of Shah Alam Sports Complex, and Selangor Implementation and Performance Monitoring Unit.
As for driving sustainability, RS-1 will focus on resilience and disaster management, water management, low carbon states, waste management, and biodiversity and natural resources.
Amirudin had announced a preview of RS-1 earlier this month, which covers four main thrusts - strategic direction to boost economic robustness, social well-being for its people, environmental sustainability and transformation towards people-oriented governance.
On whether the power outage that hit parts of Peninsular Malaysia on Wednesday afternoon had any effect on Selangor’s economic sector, Amiruddin said the situation was still being assessed.
“We are presently monitoring the situation. The power outage surely would have impacted several operations and I expect to receive a report on affected areas soon,” he said.