PNSB, IJM and LSH collaborate to transform Selangor economy

TheStar Fri, Mar 08, 2024 03:39pm - 1 month View Original


KUALA LUMPUR: Permodalan Negeri Selangor Bhd (PNSB), IJM Corp Bhd and Lim Seong Hai Capital Bhd (LSH) have announced a strategic collaboration targeted at transforming the road transportation infrastructure in the southern districts of Selangor.

In a joint statement, ithe companies said the initiative is focused on the Southern Selangor Integrated Regional Development (IDRISS).

IDRISS aims to boost the economic potential of Sepang and Kuala Langat districts through diverse development projects spanning industrial, logistics, warehousing, ports, commerce, housing, tourism, and education. It is poised to make a substantial contribution to Selangor's emergence as a pivotal hub for regional trade and investment.

The collaboration will study various viable connectivity routes and plans to introduce key transportation links. These efforts are aimed at improving connectivity, reducing travel time and creating new development corridors.

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