Selangor to use Expo Dubai 2020 to draw investments

SHAH ALAM: Selangor’s participation in Expo 2020 Dubai will provide the state with the chance to showcase its advantages and strengths to attract more investments into the country.

State Investment, Industry and Commerce and Small and Medium Enterprises committee chairman Datuk Teng Chang Khim said today the expo would give the state a platform to strengthen its relations, as well as for the sharing of ideas with 192 participating countries.

“At this time, we haven’t decided on how many companies that we want to bring with us to the expo as well as the targeted business and investment value that we want to achieve because it is still too early,” he added.

He said this after witnessing a memorandum of understanding (MoU) was signerd to confirm Selongor’s participation in the expo.

It was between Selangor government subsidiary Invest Selangor Bhd and Malaysia Green Technology Corporation (GreenTech Malaysia) as the expo’s implementing agency.

Invest Selangor was represented by its CEO Datuk Hasan Azhari Idris while GreenTech Malaysia was represented by its CEO Shamsul Bahar Mohd Nor.

Teng said at the expo, the state government would be focusing on five clusters that could boost the investment in the state – transportation equipment, electrical and electronics, food and beverages, life sciences and machinery.

“I have asked all related agencies to come up with ideas on what to showcase at the expo and from that, we will decide on the content of our showcase,” he said.

He added that the five clusters were chosen based on studies by the committee which showed that the clusters are related and in line with the current technological developments and Industrial Revolution 4.0.

Themed “Connecting Minds, Creating the Future”, the expo will run for six months from Oct 20 to April 10 next year and is expected to attract millions of visitors.

Selangor is scheduled to participate in the 24th week of the expo, from March 28 to April 3 next year.

Apart from Selangor, other states to also be at the expo are Johor, Penang, Pahang, Melaka and Sabah. – Jan 22, 2020, Bernama

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