Ng says the state is focusing on several industries including life sciences, and food and beverage.
SELANGOR has approved 1,506 manufacturing projects with an investment value of RM88.88bil between 2018 and June this year.
State investment and trade committee chairman Ng Sze Han said RM35.88bil was local investment capital and the remaining RM53bil was foreign investments that generated 95,610 jobs.
Selangor focused on several industries including life sciences, food and beverage, electric and electronic product manufacturing and transport equipment, he elaborated.
“In the service sector, the state has identified areas with potential to be developed, like logistics services and digital investment covering global business services, data centres and creative content technology.
“Other initiatives to promote investments include Selangor’s Investors Soft Landing Incentive Programme, which expedites the implementation of projects.
“For the development of life sciences, the Selangor Lab Partnership programme was introduced to bridge the gap between educational institutions and industries for better collaboration in research and marketing of products,” he said in reply to Pua Pei Ling (PH-Bukit Lanjan) who asked about international investments in the state.
On state efforts to encourage companies to employ locals, Ng said some licensing conditions were set to favour the hiring of Malaysians.
He said at least 80% full-time staff must be Malaysians.
“Appointment of foreigners is subject to present policies.
“Only selected sectors, less favoured by Malaysians, are allowed to get a foreign workforce. These sectors include service, manufacturing, building, farming, agriculture and mining.
“Sub-sectors are allowed to hire foreigners for jobs at restaurants, hotels, spas, foot massage parlours and warehouses.
“Foreigners can also be hired for cleaning services and as cargo handlers,” Ng added.
