SHAH ALAM, 25 May: Investment in real estate and stock exchange equities should be emphasised in the Agenda Selangor (Agenda) which was launched by the Chief Minister, Mohamed Azmin, recently.
The Sekinchan Assemblyman, Ng Suee Lim, said that the sector is estimated to be addressed as it would boost Selangor towards being more advanced and of high income.
“As a state that has become the focus of investors in the sector is important to be given attention.
“The body is hoped to make various focuses in attracting more investors,” he told Selangor Kini.
He said that the DEIG is appointed as the strengthened organised, including placing some experts in the body involved.
Meanwhile the Hulu Kelang Assemblyman, Saari Sungib, is of the opinion that the DEIG has full power in the state’s investments because it is the master to other government-linked companies (GLCs).
He said that the rebranding is the cornerstone is DEIG to become a Profit Centre.
“I support for it to be coordinated. It is a good reform measure because it acts as a profit centre that has a wide base with other GLCs,” he said.
DEIG serves as the leader in Selangor’s investment and implementing Agenda which is supervised by the Darul Ehsan Investment Committee (DEIC) as the supervisory body.
DEIG hopes for investment returns from state subsidiary companies through equity and capital investment, in addition to expecting to invest and expand business to support the Selangor government’s agendas for social development and justice.
So far, assets under state subsidiary companies are estimated to be worth almost RM30 billion, which is developed into several industries.
These industries include property development, quarrying and mining, infrastructure, solid waste management, property ownership, communications and media, and education.
NS
