Mr Zhang RuiCheng, CFO of XTC New Energy Materials (Xiamen) Co Ltd presenting letter of intent Dato’ Hasan Azhari bin Hj. Idris, CEO of Invest Selangor. The presentation is witnessed by (from left to right) Datuk Ng Wei Wei, CEO of UOB Malaysia; YB Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade and Mobility; YAB Dato' Seri Amirudin bin Shari, Dato' Menteri Besar Selangor (Chief Minister of Selangor); His Highness Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj, Raja Muda Selangor; YB Tuan Lau Weng San, Speaker of the Selangor State Legislative Assembly; and YB Dato' Dr. Ahmad Fadzli bin Ahmad Tajuddin, Selangor State Secretary.

UOB Malaysia and Invest Selangor facilitate investments exceeding RM3 billion to support Selangor's economic transformation

KUALA LUMPUR, Oct 15 (Bernama) -- UOB Malaysia and Invest Selangor Berhad has announced that they have facilitated investments exceeding RM3 billion into Selangor, supporting the state's aspirations under Rancangan Selangor Kedua (RS-2) to strengthen industrial competitiveness, attract quality investments and drive sustainable economic growth on 14 October 2026.

YAB Dato' Seri Amirudin Bin Shari, Menteri Besar Selangor, said, "I welcome UOB Malaysia's role as a trusted partner to enhance investment into Selangor. Our challenge today is not the lack of capital, but how capital is channelled. Businesses need access to financing to make the next great leap, maximise existing supply chains while building new, more resilient chains of supply. This latest move overcomes that challenge and fits like a glove with the Second Selangor Plan which aspires to elevate the capacity of local businesses, create high value jobs for our young people as this is the most sustainable strategy to improve the quality of lives for our people."

 

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