By Sheeda Fathil
SHAH ALAM, April 29 — The Sepang Municipal Council (MPSepang) has secured RM2.45 billion in investment last year, ranking third among local authorities nationwide.
MPSepang deputy president Muhamad Shah Osmin said the figure, involving 18 projects, was based on an assessment conducted by the Malaysian Investment Development Authority (Mida) on local councils throughout the country.
Of the total investment, RM2.4 billion was foreign direct investment, while the remaining RM150 million was domestic direct investment.
“The main activities under these projects involve information and communications technology services such as data centres, chemical manufacturing, office developments, and green technology initiatives,” he said at MPSepang’s monthly meeting yesterday.
“According to Mida, the 18 projects include five in Cyberjaya with a total investment of RM544 million, two in Sungai Pelek involving RM34 million, one in Selangor Science Park 2 involving RM10 million, and 10 projects in various parts of Sepang totalling RM1.8 billion.”
Shah also noted that Sepang has been chosen for the Integrated Development Region in South Selangor (Idriss) project, which is one of three economic zones identified under the First Selangor Plan.
He said the project is set to achieve a gross development value of RM1 trillion, spanning the industrial, logistics, residential, tourism, and education sectors.
“There are four major projects under Idriss in Sepang, covering 12,482 acres, namely, Sepang Gold Coast Global Village, Integrated Agricultural Technology, KLIA Aeropolis, and Selangor Aero Park,” he said.
