SELANGOR’S economic momentum has been underpinned by robust domestic investment, with more than half of the state’s record inflows in 2025 originating from local sources, according to the Sultan of Selangor, Sultan Sharafuddin Idris Shah.
Addressing the opening of the Selangor State Legislative Assembly session, the ruler said he was encouraged that RM48.9 billion, or 58.3 per cent, of the total RM83.9 billion in investments last year came from Malaysian investors, reflecting strong confidence in the state’s economic fundamentals.
He noted that the overall investment figure exceeded the state’s RM65 billion target and generated 61,311 job opportunities, underscoring Selangor’s position as a key economic driver.
“The state government expects that there is still potential to expand the manufacturing and industrial sector, which contributes 21.6 per cent, through new investments, especially in high-technology sectors.
“Therefore, I hope there will be new efforts to further boost the manufacturing sector activities that can offer job opportunities to my people,” His Majesty said.
The Sultan also highlighted improvements in state finances, noting that revenue reached RM3.02 billion in 2025, an increase of RM154 million compared with the previous year.
“The state government's achievements last year exceeded the original target, and I was made to understand that this year, even more encouraging achievements will be achieved with a target of RM2.8 billion,” he said.
Despite the strong economic indicators, the ruler stressed that inclusive growth must remain a priority, calling on the state administration to continue addressing relative poverty as part of the Selangor Budget 2026.
“The relative poverty level has been reduced from 14.2 per cent in 2022 to 8.5 per cent in 2024. This must continue to be the focus of my government so that the people can live in better and more prosperous conditions in Selangor,” said His Majesty.
He added that housing delivery remained a key component of social policy, with 75,493 affordable housing units completed to date and a further 40,000 units targeted for construction this year, signalling continued efforts to balance economic growth with public welfare. - April 20, 2026
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