State executive councillor for investment, industry and commerce and small and medium enterprises (SMEs) Teng Chang Khim said that of the amount, RM10.43 billion was from domestic investments and RM12.02 billion from foreign investments.

“A total of 27,491 potential job opportunities have been created (based on investments during the period),” he said at the state assembly sitting here today.

He was responding to a question from Rosni Sohar (BN-Hulu Bernam) on the value of investments coming into Selangor from January 2020 until now, according to the category and type of investment, as well as the state government’s efforts to retain investor confidence in the state.

Teng said the state government, through Invest Selangor as the investment promotion agency, has always carried out various programmes in its efforts to ensure that Selangor remains a relevant and trusted investment destination.

He said the state government has promoted investment programmes through various virtual channels such as webinars, conferences and exhibitions while physical programmes were implemented in accordance with standard operating procedures (SOPs).

“Among the efforts carried out to ensure the investment sector continues to grow in Selangor include strategic planning with the implementation of action plans such as the Selangor Aerospace Action Plan and the preparation of the Selangor Biotechnology Action Plan.

“The state government through the standing committee has implemented 121 programmes or activities to encourage new investment activities and increase existing investments for the period of January to July 2021,” he said.