One Selangor business success area is Cyberjaya that is home to over 500 companies who have chosen Cyberjaya as their preferred business, outsourcing and solutions location. Being the core part of the Multimedia Super Corridor in Malaysia Cyberjaya has proved an attractive prospect to global giants such as DHL, HSBC, Dell, Shell, BMW, AMD and Ericsson.
However Cyberjaya recognises the importance of SME's to the Selangor economy and is now in the process of building its third Technopreneur Centre especially for local SME's after the first 2 saw occupancy rates of 97% and 99% within a short time of opening.
Selangors Expanding Economy
Not content with having the best infrastructure in all of Malaysia, Selangor will see the opening of the Kuala Lumpur-Kuala Selangor (KLS) Expressway project that is set to see its first traffic in June 2011.
The 33km highway runs from Assam Jawa near Kuala Selangor to Templers Park near Rawang with 5 interchanges that are expected to open opportunities for Selangor business and housing development along this stretch of dual carriageway.
It is also expected to slash the commuting time between Kuala Selangor and Kuala Lumpur and be a major boon to the Selangor economy.
The state governments ambitious plans for Selangor to become a leading knowledge and technopreneur hub is well on course with the addition of i-City in Shah Alam.
I-City is fueled with 2 principle goals to achieve - to make it a knowledge and technology hub and develop it into a major tourist destination.
Only 20% of the 72 acre land has so far been developed but the determined state government is targetting i-City to achieve an ambitious 50,000 knowledge workers by 2015 and giving a major boost to the Selangor economy.
I-City has now been awarded the status of a Technopreneur Campus where cosmopolitan lifestyle outlets can operate on a 24-hour basis. This approval also gives i-City more independent status meaning that any knowledge based start up should encounter less bureaucratic delays getting its fledgling business up and running.
Celebrating its 125th year of continued success Royal Selangor is focusing on the Asian market as part of its ambitious expansion plans.
The plans for a major refurbishment of its flagship store in Singapore is being complimented by a Visitor Centre in Penang, a new flagship store in The Pavilion KL, a further new store in Singapore and a store in Beijing.
Royal Selangor currently exports to more than 20 countries, with its own retail shops in Singapore, Japan, Hong Kong, China and Australia.
Yes, the state of Selangor has never been a stranger to change, but wherever there is change there is also opportunity for the astute Selangor businessman and fortunately Selangor has never been short of them.