Selangor aims for RM600bil revenue by 2030


By CY LEEFARID WAHAB

SELANGOR has set a target of RM600bil in revenue by 2030 under the Second Selangor Plan (RS-2), with a strong emphasis on high-income jobs, sustainable growth and balanced regional development.

Tabling the five-year development blueprint at the state assembly sitting today (Aug 7), Mentri Besar Datuk Seri Amirudin Shari said the plan would build on the state's economic strengths while ensuring prosperity was shared equally across all segments of society.

RS-2 replaces RS-1 and serves as Selangor's development blueprint for 2026-2030, setting the state's priorities for economic growth, infrastructure, sustainability and social development.

RS-2, Amirudin elaborated, outlined six missions encompassing 25 priority areas and 98 socioeconomic initiatives.

These, he said, included creating high-paying jobs, narrowing income and development gaps, improving public transport and enhancing people's well-being.

"We are confident that during the implementation of RS-2, Selangor's economy will be able to reach RM600bil," he said.

To drive growth, Amirudin said the state would focus on five strategic sectors – electrical and electronics, aerospace, automotive, digital economy and the creative economy.

"The state is targeting RM330bil in overall investment, economic growth of 6.1% and a lower unemployment rate of 2.2% by 2030."

The mentri besar stressed that balanced development would remain a cornerstone of the plan as the state sought to expand opportunities beyond its traditional economic centres.

Among its key targets are increasing public transport usage to 60% by 2030 from the current 40%, by improving the state's transport network, he added.

The state also aims to build 200,000 affordable homes for first-time homebuyers, and raise the median monthly household income from RM10,726 to RM14,500 to improve living standards.

On sustainability, Amirudin said Selangor was committed to reducing greenhouse gas emissions by 35% by 2035 from the 2005 levels, while maintaining at least 31% of the state's land area as gazetted permanent forest reserves by 2030.

He also pledged to strengthen the state's business-friendly environment through the proposed Speed Selangor policy, which would streamline planning and development approvals.

Among measures being mulled, he elaborated, was reducing approval times for planned industrial developments from three-and-a-half months to just 14 working days.

Also in the pipeline are a state flood mitigation master plan and two waste-to-energy plants in Tanjung 12 and Rawang, which are expected to process a combined 2,400 tonnes of waste daily and generate 58MW of electricity.

Amirudin said the state would also explore the feasibility of nuclear energy as part of its long-term energy diversification efforts.

 

 

 

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