Selangor Journal: RS-1 involves projects, initiatives worth over RM212 bln — MB
SHAH ALAM, July 27 — The First Selangor Plan (RS-1), the framework for mobilising state policy for a five-year period, involves projects and initiatives worth a total of RM212.44 billion.
Menteri Besar Dato’ Seri Amirudin Shari said of that amount, RM92.44 billion was for development projects at the state level with allocations coming from the state government, subsidiaries, and private funding.
“For state-level development, an allocation of RM7.16 billion will be from the state government acting as seed capital and catalyst for the implementation of 262 initiatives under RS-1.
“While RM34.26 billion involves development projects (allocated) under the state government subsidiaries and RM51.02 billion involves private financing,” he said in a press conference after presenting RS-1 at the Selangor State Legislative Assembly here earlier today.
Amirudin said the remaining amount includes infrastructure projects at the Federal level, like the East Coast Rail Link (ECRL), Light Rail Transit (LRT) and High-Speed Rail Transit (MRT), worth more than RM120 billion in Selangor.
He said the RS-1 five-year planning effort will focus specifically on economic growth, empowering the people through welfare programmes, sustainable development, and efficient, transparent systems and services.
“This planning is expected to meet Selangor’s desire as a state that contributes 30 per cent to the country’s gross domestic product (GDP) by 2025,” he said.
Currently, Selangor contributes about 24.8 per cent to Malaysia’s GDP.
The Menteri Besar added that RS-1 has placed 14 macro indicators as overall achievement indicators for strategic themes to ensure that the strategies and initiatives implemented can be evaluated in terms of their success.
“Among the main targets to be achieved by 2025 is state GDP growth of 6.5 to 7.0 per cent per year, approved investments for main and sophisticated sectors amounting to RM25 billion to RM35 billion a year, and the total employment opportunities targeted between 3.5 and 3.8 million people, equivalent to about 97 per cent of the total labour force in Selangor,” he said.
RS-1 also includes four strategic themes, namely strengthening the economy, ensuring social inclusivity and the people’s wellbeing, driving environmental sustainability, as well as providing good and effective governance.
It also includes five policy catalysts and 262 projects and initiatives that include 19 change drivers or “game changer projects” for the state.
— Bernama
