Shah Alam to Receive Investment of RM35 Billion


SHAH ALAM, 27 Oct: Foreign investors to invest RM35 million in Shah Alam in the next five years in various fields, thus boosting the Selangor economy.


Chief Minister Tan Sri Abdul Khalid Ibrahim said the forecast is based on positive feedback given by investors during his visit to Singapore recently.

“Shah Alam will become the most prominent city in Malaysia as having the most potential to be developed,” he said.


Abdul Khalid said, thus to ensure progress, efficiency of public transport needs to be improved to reduce traffic congestion.

“Any development in the future should emphasise the aspect of public transportation. It is time for use to use public transportation compared to personal transportation.

“Personal transportation has become ineffective seeing the time we spend in traffic jams,” said Abdul Khalid.

He was speaking at the opening ceremony of the Cahaya SPK flyover bridge and the “Flag Off 5km Fun Run” here at the SPK Sahaya Club

Abdul Khalid said that the state government’s long term plans is to upgrade the public transport network.


“At this time, the network of public transportation is less than 7 percent. We strive to improve it so that we can reach 60 percent in 10 years,” he said.

Earlier, Abdul Khalid inaugurated the 536 metre Chaya SPK Flyover which cost RM12 million to complete in early 2013 to reduce traffic in the area and to facilitate 20,000 residents.

Also present at the ceremony was the Mayor of Shah Alam, Datuk Jaafar Mohd Atan and the Executive Director of Group Cahaya SPK, Saiful Aznir Shahabudin.


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