Life sciences sector among core industrial clusters
BANDAR SUNWAY: Selangor, touted as the Golden State of Malaysia and the most developed one is now a step closer to becoming a “smart state” as it concludes its Industrial Master Plan Study. The study commissioned by Invest Selangor and conducted by Monash University Malaysia over a period of 14 months focused on five potential core industrial clusters in Selangor; life sciences; food and beverages; electrical and electronics, transport equipment; and machinery and equipment.
The study will serve as a guide for the Selangor State Government to formulate its future action plan to advance the state’s economy to the next level.
Datuk Teng Chang Khim, Investment, Small & Medium Industries, Trade and Transport Exco for the state who launched the Master Plan said, “Selangor is the most progressive state in Malaysia, contributing 22.6% of the national gross domestic product and with the most diversified economic sectors.”