By Yasmin Ramlan
SHAH ALAM, Nov 27 — Selangor’s strategic location, combined with Malaysia’s upcoming role as chair of the Asean Summit next year, positions the state as an ideal hub for global logistics players, said Ng Sze Han.
The state executive councillor for investment, trade, and mobility also stressed the importance of attracting logistics companies to set their base in the state due to its close proximity to central Malaysia.
“Selangor is in a strategic position as the (economic) hub of Malaysia. Next year, we (Malaysia) will be the chair for Asean, and this shows very good progress (for the sector).
“Therefore, we should let global logistics players know about the advantages of setting up their offices, facilities, or warehouses in Selangor,” he said after the signing ceremonies at the Selangor and Hebei (China) trade mission, hosted by Permodalan Negeri Selangor Bhd (PNSB) at the Concorde Hotel yesterday.
The event saw the signing of memoranda of collaboration (MoCs) between Hebei Logistics Group Metal Materials Co., Ltd. and Skyvast, as well as Sunhola Group Co., Ltd. and Skyvast.
Hebei Logistics Group is affiliated with the state-owned Assets Supervision and Administration
Commission of Hebei Province, while Hebei Logistics Group Metal Materials Co., Ltd. is a wholly owned subsidiary of Hebei. Sunhola Group, on the other hand, is a benchmark enterprise in the field of food and agricultural products circulation in northern China.
Also present at the event were PNSB chief executive officer Raja Ahmad Shahrir Iskandar Raja Salim, Menteri Besar Selangor (Incorporated) or MBI group chief executive officer Saipolyazan M. Yusop, and Invest Selangor Bhd chief executive officer Dato’ Hasan Azhari Idris.
Meanwhile, Ng lauded the state subsidiary’s efforts to forge partnerships with the Chinese establishments, adding that the move is a positive step towards strengthening Selangor’s economic growth.
The partnership aims to attract foreign investments, particularly in warehousing and logistics, leveraging Selangor’s strategic location and infrastructure, and is expected to create new business opportunities, strengthen regional connectivity, and further position the state as a key economic player in the region.
The councillor added that the state government, via its subsidiaries, remains committed to attracting high-impact investments by actively engaging with international investors and industry players.
“We welcome all the high-impact investment into Selangor and are constantly engaging with potential investors from overseas, including industry players.
“Therefore, this is very good progress by PNSB to engage with the potential investors,” he said.
[caption id="attachment_381165" align="aligncenter" width="1116"]
State executive councillor for investment, trade, and mobility Ng Sze Han (sixth from right) and representatives from the state government, Hebei Logistics Group Metal Materials Co., Ltd, Skyvast Sdn Bhd, Sunhola Group Co., Ltd, and Permodalan Negeri Selangor Bhd, during the memoranda of collaboration signing ceremony at the Concorde Hotel in Shah Alam, on November 26, 2024. — Picture by PERMODALAN NEGERI SELANGOR BHD[/caption]
