SHAH ALAM, Aug 5 — Selangor’s total trade rose by 14.2 per cent year-on-year (y-o-y) to RM806.3 billion in the first half of this year (1H2023) from RM706.02 billion in 1H2022,...
SHAH ALAM, Aug 5 — Selangor’s total trade rose by 14.2 per cent year-on-year to RM806.3 billion in the first half of this year from RM706.02 billion in 1H2022, making it the largest contributor to Malaysia’s economic growth.
“As a result, it has a mature value chain ecosystem which helped the growth of many local companies including small and medium enterprises, and the economic spillovers led to the development of towns such as Serenia City, Gamuda Cove, Setia Alam Sari and Serene Heights, among others,” he said. He said Selangor’s strong foundations proved to be an advantage in economic development activities compared to other states.
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