Tengku Zafrul: Selangor remains Malaysia’s industrial powerhouse and Asean launchpad

KUALA LUMPUR, Oct 8 — Selangor is able to increase the return on investment from its assets and continue being a major contributor (26 per cent) to Malaysia’s gross domestic product (GDP), said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said Selangor’s key assets — from Port Klang and Kuala Lumpur International Airport to its industrial parks, semiconductor hub, and aerospace parks — represent a sample of the state’s major strengths that can help investors tap into the growth of high-value, innovation-driven industries.

“In short, Selangor is more than Malaysia’s industrial heartland — it can be an investor’s launchpad into Asean.

“With world-class infrastructure, deep supply chain capabilities, and a dynamic business ecosystem, Selangor is helping position Malaysia as a key export and investment gateway to the region,” he said in his keynote address at the 9th Selangor Asean Business Conference (SABC) 2025 here today.

Malaysia will host the 47th Asean Leaders Summit in two weeks. US President Donald Trump, Chinese Premier Li Qiang and Indian Prime Minister Narendra Modi will be in Kuala Lumpur, underscoring Asean’s growing role as a middle-power convenor.

Tengku Zafrul said Miti is proud to have helped shape Asean’s economic agenda and strengthen Malaysia’s leadership as Asean chair.

Through policies such as the New Industrial Master Plan 2030, the National Semiconductor Strategy, and the Green Investment Strategy (GIS), Malaysia has been investing in the depth and breadth of its industrial ecosystem to ensure it can weather global shocks and continue to lead.