PETALING JAYA: Negeri Sembilan aims to prioritise attracting investments in the manufacturing and services sectors in 2024, given the sectors’ substantial contribution to the gross domestic product (GDP), said menteri besar Aminuddin Harun.
He said the two sectors also offer many job opportunities to the locals, in addition to improving the construction sector during the development phase.
“For the manufacturing sector, among the focused sub-sectors include the high-tech industry that offers highly skilled jobs in fields such as electrical and electronics (semiconductors), the aerospace industry, as well as components and pharmaceuticals.
“While for the services sector, the type of industry that will be focused on is the development of new hospitals, hotels, infrastructure projects, digital and data centres, as well as logistics hubs,” he said.
The Sikamat assemblyman was replying to a question from Choo Ken Hwa (PH-Lukut) who wanted to know what are the focused sectors in attracting investment in 2024 and the state’s plan to increase investment in these sectors.
Aminuddin, who is also the MP for Port Dickson, said to achieve sustainable economic growth, initial emphasis will be given to the manufacturing sector to produce more high-quality, diverse, and complex products.
“In that regard, emphasis will be placed on strengthening sectors with high growth potential as well as industrial sub-sectors based on green and sustainable development,” he noted.
Therefore, he reiterated his confidence that the state government can achieve the investment target of RM7 billion for next year covering the identified sectors.
Aminuddin is also optimistic that the policies and strategies drawn up will strengthen the investment ecosystem and boost the activities, thus driving economic growth and positioning Negeri Sembilan as a major investment destination.
In addition, he said the state government also always encourages foreign investment and international cooperation taking into account foreign direct investment (FDI) through various activities.
“It includes intensifying promotional programmes such as participation in overseas investment promotion missions organised by the Malaysian Investment Development Authority or the ministry of investment, trade and industry as well as participating in domestic and foreign expos,” he said.