Friday, January 19, 2007

Selangor Continues To Be Top Choice Among Investors - Bernama

By Yong Soo Heong

KLANG, Jan 19 (Bernama) -- Back in the 1960s when Malaysia embarked upon its import substitution policy, Selangor was a logical choice among investors because of its relatively advanced infrastructure with the country's premier airport and shipping port located in the state.

Today, the story is again no different for Selangor in terms of infrastructure facilities as the country's leading airport at Sepang (KLIA) and main shipping port of Port Klang are located in the state.

Port Klang interestingly has two privatised entities managing the port facilities, Northport and Westports.

A new attraction at Port Klang is the Port Klang Free Zone, an area comprising some 400 hectares, designed to promote entreport trade and manufacturing industries primarily for export.

All these facilities have helped Selangor to become an attractive manufacturing hub despite economic development in other parts of the country.

Besides the prevalence of top infrastructure facilities, the many international schools catering for the children of expatriate employees in Ampang, Ulu Klang, Sungai Buloh, Seri Kembangan, Cheras, Petaling Jaya and Subang (all in Selangor) are also major contributory factors in drawing investors to the state.

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