Selangor must look beyond being Malaysia’s biggest economy
Speaking at the Selangor Civil Servants Assembly, he said size alone will not secure long-term gains as the country approaches its 70th independence anniversary next year. “Where do we go from here? Are we merely…
Source: mediaselangor.com · August 3, 2026 at 7:56 AM · AI-assisted report
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SELANGOR, 3 AUGUST 2026 —
Speaking at the Selangor Civil Servants Assembly, he said size alone will not secure long-term gains as the country approaches its 70th independence anniversary next year. “Where do we go from here? Are we merely satisfied with the achievements we have recorded, or are we prepared to step into a bigger stage and face new challenges?” Amirudin asked.
Market Impact
Latest data from the Malaysian Statistics Department shows Selangor’s economy is on track to exceed RM500 billion within the next two to three years, up from RM460.1 billion in 2024. That year the state accounted for 26.5% of Malaysia’s GDP. “This achievement was not contributed by any single party, but through our collective efforts in formulating and implementing policies together with businesses, workers and the people,” he said.
Future competitiveness hinges on openness to new ideas, cultures and technologies while staying rooted in local identity, Amirudin said. To raise the state’s profile, Selangor has regionalised the Selangor International Business Summit (SIBS) via the inaugural SIBS@ASEAN 2026 in Bandung, Indonesia on July 9-10. Over 400 delegates met 50 Selangor companies across aerospace, rail, technology, energy, creative industries, property development, medical tourism and higher education.
The summit attracted 431 delegates and 696 visitors, generating RM253.59 million in potential deals and facilitating 237 business matchings among 74 companies. The Menteri Besar argued that Selangor’s success should be judged not only by economic metrics but also by its ability to project culture and values globally.
The state administration is positioning itself as an ASEAN player, planning further trade missions to showcase Selangor and Malaysia as investment destinations.
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