S'gor chalks up RM 2.47bil in industrial investment
The Selangor government has achieved the highest figures in approved industrial investments in Malaysia over the first five months of the year, proving it is still attractive to foreign investors under the Pakatan Rakyat government, says Seputeh MP Teresa Kok.
The Selangor government has achieved the highest figures in approved industrial investments in Malaysia over the first five months of the year, proving it is still attractive to foreign investors under the Pakatan Rakyat government, says Seputeh MP Teresa Kok.
She said that Malaysian Industrial Development Authority's statistics from May to Jun 2010 revealed that Selangor received RM 2.47 billion in approved investments.
Kok (
left
) said Selangor also chalked the highest number of approved industrial projects in the country, with 120 projects representing 36 percent of the national total.
The DAP parliamentarian was speaking at a press conference in Shah Alam today.
Kok, who is state exco for investment, industry and trade, elaborated that of the total investments received, RM942 million or 38 percent were foreign while 62 percent or RM1.52 billion were local investments.
She pointed out that domestic investment was still significant to the state, and that "local investors are still investing in the state under Pakatan".
According to the report, Japan was the state's biggest foreign investor at RM366 million, followed by Singapore (RM121 million) and Germany (RM116 million).
Kok elaborated that of the total projects, 68 were new while 52 were existing projects that were being expanded.
Johor trailed Selangor with 65 projects, and Penang came in third with 44.
She added Selangor had also created 7,602 jobs during the period of review, the second highest in the country.
Checks for surveillance devices
Meanwhile at the same press conference held after the state exco's weekly Wednesday meeeting, Mentri Besar Khalid Ibrahim said the state government plans to include the offices of exco members and appropriate senior government officials in surveillance inspections in the future.
He said that a local private expert had been hired to check the MB's office for surveillance devices after last week's
surprise
discovery of a hidden camera.
"I can safely say the MB's office is free from surveillance devices," said Khalid ( right ).
He added that regular surveillance inspections will be conducted from now on, as a precautionary measure.
Khalid stumbled upon a video camera in a gap between the thick curtains in his office last week, sparking speculations that a spycam had been planted in the MB's office.
Khalid however denied suggestions that the discovery had prompted him to consider reshuffling his office staff.


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