Selangor confident of contributing 30pct to national GDP

 

The Selangor government is confident that the state will be able to increase its contribution to the nation’s gross domestic product (GDP) to 30 percent between 2025 and 2026.

Menteri Besar Amirudin Shari said this will be driven by projects such as the Integrated Development Region in South Selangor (Idriss) as well as the NCT Smart Industrial Park.

“With the injection of projects like NCT and Idriss, we are confident that we can galvanise more economic activities,” he told reporters after the NCT Group of Companies’ Smart Industrial Park’s groundbreaking ceremony today.

He added that such major initiatives would boost the state’s economic growth and subsequently increase its contribution to the national GDP, which stood at 24.8 percent in 2021.

Amirudin said despite the absence of major projects, Selangor’s contribution to Malaysia’s GDP had increased between 0.2 percent and 0.5 percent per annum since 2018.

- Bernama