MENTERI Besar Selangor (Incorporated) (MBI) is undergoing an organisational restructuring as part of the "Thrive28 Plan" initiative to achieve a revenue target of RM8bil by 2026.
Selangor Mentri Besar Datuk Seri Amirudin Shari introduced the Group Strategic Plan (GSB) at a press conference in Setia Alam in conjunction with MBI’s 30th anniversary Pearl Jubilee dinner on Tuesday (Feb 25).
He said the blueprint would guide MBI’s direction until 2028 and ensure the agency continued to drive the economy.
“Several strategies will be refined by MBI, including increasing revenue and profits, with a revenue target of RM8bil by 2026 and a pre-tax profit of local councils of RM1.2bil.
"In addition, a cost-saving strategy worth RM250mil by 2026 has also been planned to boost profitability,” said Amirudin.
He said that last year, Selangor recorded RM101bil in investments, with the majority—RM82bil—coming from the services sector.
“The new blueprint focuses on five main factors, namely growing income and profit, optimising its business portfolio, digital transformation and automation, strengthening its administration, and developing a high-performance talent and culture.
“The restructuring is not just for MBI’s internal structure but also for MBI and its subsidiaries. "We are aiming for MBI to receive dividends from its subsidiaries, which will then be returned to the state government," he said.
Amirudin said MBI was also focusing on developing new talent.
"Prioritising talent development and a high-performance culture is crucial.
"Some of these efforts are already in place through scholarship funds for state government subsidiaries' personnel and their families.
"MBI has been implementing this initiative annually, providing continuous support.
"Employees and officers within MBI receive assistance," he added.
