Invest Selangor
Invest Selangor Berhad is a Selangor State Government–linked investment promotion agency headquartered in Shah Alam, Malaysia, providing free one-stop investment facilitation, NOL processing, and site selection services to MNCs, SMEs, and startups across five core industry clusters since 1999.
- Company typePrivate
- Founded1999
- HeadquartersShah Alam, Malaysia
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Invest Selangor does
Invest Selangor Berhad is a Selangor State Government–linked investment promotion agency established in 1999 and headquartered in Shah Alam, Malaysia. The organization operates as a one-stop center for investors — both domestic and international — seeking to establish or expand business operations in Selangor state. Its core service offering spans investment facilitation, No Objection Letter (NOL) application processing, site selection support, business matching, and direct consultation through its Selangor Business Hub and 'Talk To Us' program. The agency is wholly owned by the Selangor State Government and does not charge fees for its core services, operating instead on a government-funded mandate to attract investment into the state.
The company's portfolio is structured around five core industry clusters — Electrical & Electronics, Machinery & Equipment, Rail/Automotive/Aerospace, Life Sciences, and GBS & Digital Technology — supported by specialized coordination offices including S-BIOCO (biotechnology) and S-DAICO (aerospace), industry councils (Selangor Bio Council, Selangor Industry Rail Council), accelerator programs (Selangor Life Sciences Accelerator Programme), workforce development (Selangor Career Outreach Programme), and major flagship events such as the Selangor International Business Summit (SIBS) and Selangor Aerospace Summit. Infrastructure programs include the Managed Industrial Park (MIP) initiative, Integrated Development Region in South Selangor (IDRISS), Selangor Gigabit Network (SeGNet), and Smart Selangor Hybrid Data Centre (SSDC).
Invest Selangor Berhad is governed by the Selangor State Government through its appointed leadership, led by CEO Hasan Azhari, with a workforce of 51-100 employees. Its cumulative impact through 2023 includes 7,069 manufacturing projects facilitated, 508,316 jobs created, and RM256.6 billion+ in manufacturing investment. In 2024 alone, the agency facilitated 339 approved manufacturing projects and RM18.8 billion+ in manufacturing capital investment, alongside RM19.99 billion in GBS & Digital Technology sector investment. The agency has no commercial revenue model, is not publicly traded, and functions as a strategic state instrument rather than a profit-seeking entity.
Invest Selangor firmographics
Firmographics- Name
- Invest Selangor
- Legal name
- Invest Selangor Berhad
- Website
- https://investselangor.my
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Invest Selangor Berhad is a Selangor State Government–linked investment promotion agency headquartered in Shah Alam, Malaysia, providing free one-stop investment facilitation, NOL processing, and site selection services to MNCs, SMEs, and startups across five core industry clusters since 1999.
- Ownership category
- akta.pro rank
Invest Selangor industry classification
Industry- Product category
- Investment Promotion Services
- NAICS
- Miscellaneous Intermediation (52391)
- SIC
- Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)
Keywords
Where Invest Selangor is headquartered
LocationHeadquarters
- HQ city
- Shah Alam
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
Invest Selangor business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Government Funding: Invest Selangor Berhad operates as a government-linked investment promotion agency funded by the Selangor State Government. The organization does not generate commercial revenue but rather facilitates investment into Selangor state through its services.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Invest Selangor product offering
Product offeringCore offering
Invest Selangor Berhad is a Selangor State Government-linked investment promotion agency that functions as a one-stop center providing information, advisory, and facilitation services to investors seeking to set up or expand operations in Selangor, Malaysia. Its offerings cover business setup assistance, No Objection Letter (NOL) applications, site selection support, business matching, and coordination of sector-specific initiatives across five core industry clusters: Electrical & Electronics, Machinery & Equipment, Rail/Automotive/Aerospace, Life Sciences, and GBS & Digital Technology.
Product overview
Invest Selangor is an investment promotion agency for the state of Selangor, Malaysia, offering a comprehensive ecosystem of services, programs, and initiatives rather than a unified technology product. The portfolio includes investment facilitation services (Selangor Business Hub with NOL applications and site selection), sector-specific accelerator programs (Selangor Life Sciences Accelerator Programme), coordination offices for key industries (S-BIOCO for biotechnology, S-DAICO for aerospace), workforce development (SCOUT), major events (SIBS, Selangor Aerospace Summit), strategic development plans (RS-1), and digital infrastructure initiatives (Selangor Digital School, SeGNet, SSDC). The organization positions Selangor as a hub for life sciences, aerospace, digital technology, electrical & electronics, and machinery & equipment through these coordinated programs and 5 core industry clusters.
Differentiator
Problem solved
Functional benefit
Products and services
- Selangor Business Hub A comprehensive business support platform providing assistance for setting up businesses, NOL (No Objection Letter) applications, and site selection services for investors seeking to establish operations in Selangor.
- No Objection Letter (NOL) Application Service A business facilitation service providing investors with the necessary state approvals and documentation required to establish operations in Selangor.
- Selangor Life Sciences Accelerator Programme (SLSAP) A life sciences accelerator programme that helps startups turn scientific research into scalable businesses through mentorship, market access, and investor engagement, with potential investments of RM50,000 to RM250,000 per company.
- Selangor Biotechnology Coordination Office (S-BIOCO) A dedicated division of Invest Selangor Berhad focusing on investment promotion and ecosystem development for the Life Sciences sector, serving as Secretariat to the Selangor Bio Council.
- Selangor Darul Ehsan Aerospace Industry Coordination Office (S-DAICO) A division responsible for coordinating, executing, managing, and monitoring the growth, development, and promotion of Selangor's aerospace industry, serving as a one-stop center for aerospace investors.
- Selangor Career Outreach (SCOUT) A workforce development initiative bridging industry and academia, helping industry leaders share expertise and providing participants with interactive learning sessions to enhance employability.
- Selangor International Business Summit (SIBS) An annual international business summit serving as a platform for investment promotion and business networking, marking a decade of impact and expanding regionally through the SIBS@ASEAN initiative.
- Managed Industrial Park (MIP) Initiative An initiative transforming Selangor's industrial sector by promoting sustainability, clear guidelines, and excellent park management with incentives to boost investor confidence.
- Integrated Development Region in South Selangor (IDRISS) A state-led initiative backed by the Selangor State Government and Invest Selangor offering strong infrastructure, skilled talent, and a comprehensive masterplan focused on 7 key sectors for high-impact industry development.
- Rancangan Selangor Pertama (RS-1) - First Selangor Plan A comprehensive post-pandemic development plan with 262 projects and initiatives, 20 change drivers, aiming to make Selangor a Smart, Livable, and Prosperous state by 2025.
- Selangor Industry Rail Council A council established to strengthen Selangor's rail ecosystem and identify potential investors for the industry, chaired by the Selangor Chief Minister.
Quantifiable outcome
- 7,069 manufacturing projects facilitated
- +3 more outcomes
Companies that use Invest Selangor
Customer profileSegments4 records
Ideal customer profiles4 records
Invest Selangor technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Invest Selangor partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and flagship.
- NEXEA (Nexea Venture Partners / Nexea Accelerator)coreNEXEA serves as the programme partner for the Selangor Life Sciences Accelerator Programme (SLSAP), a flagship initiative to position Selangor as a regional hub for life sciences. The seven-month accelerator attracted 168 applications and selected 21 high-potential companies, offering potential investments of RM50,000 to RM250,000 per company.
- Selangor Digital SchoolcoreA state initiative establishing an educational center to upskill and enhance talent for embracing a digital future, complementing Selangor's digital industry ecosystem.
- Selangor Bio CouncilcoreThe Selangor Bio Council is chaired by the Selangor State Executive Councillor for Industry and Trade, with S-BIOCO serving as its Secretariat. The council guides biotechnology sector development under the Selangor Biotechnology Action Plan 2021-2030.
- Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation)corePartnered with Invest Selangor to produce the Selangor Biotechnology Action Plan 2021-2030, aimed at positioning Selangor as a regional biotechnology hub.
- Universiti Putra Malaysia (UPM)coreCollaborated in producing the Selangor Biotechnology Action Plan 2021-2030 and involved in talent development for the biotechnology sector.
- Malaysian Biotechnology Information Centre (MABIC)corePartnered with Invest Selangor, Bioeconomy Corporation, and UPM to develop the Selangor Biotechnology Action Plan 2021-2030.
- Selangor Gigabit Network (SeGNet)coreDigital infrastructure initiative part of Selangor's comprehensive ecosystem supporting digital industry growth and attracting digital investments.
- Smart Selangor Hybrid Data Centre (SSDC)coreState digital infrastructure project strengthening Selangor as a center for digital excellence, supporting data center investments and operations.
- Managed Industrial Park (MIP) DeveloperscoreNetwork of industrial park developers operating under the MIP initiative, which promotes sustainability, clear guidelines, and excellent park management with incentives since 2022.
- Token-X, Deep-X, and Retail-X (Selangor Triple Accelerator Programme)flagshipInvest Selangor participates as Ecosystem Partner in the Selangor Triple Accelerator Programme 2026, bringing together three accelerators to accelerate growth of Selangor's next generation of startups and SMEs.
- Universiti Tunku Abdul Rahman (UTAR)coreOrganizer of the International Rail Transit Forum 2026 (IRTF 2026), where Invest Selangor contributed to panel discussions on strategic investment in Malaysia's rail sector.
- Concordia UniversitycoreLeading university in aerospace engineering with which Invest Selangor (through S-DAICO) hosted a collaborative engagement session, showcasing synergy between Malaysia and Canada in aerospace education, technology, and industry development.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Invest Selangor competitors and assessment
Company assessmentDirect peers
- InvestKL: Kuala Lumpur's investment promotion agency focused on attracting multinational companies to set up regional operations. Closest functional peer at the city/state level, offering overlapping services in site selection, business matching, and investment facilitation.
Regional players
- Invest Hong Kong (InvestHK): Hong Kong's government investment promotion department. Comparable as a state-level agency offering one-stop advisory, NOL-like approvals, and tailored support to foreign investors establishing operations.
- Iskandar Regional Development Authority (IRDA): Malaysian statutory body overseeing the Iskandar Malaysia special economic zone in Johor. Comparable as a regional investment promotion and economic development authority with a similar one-stop facilitation mandate.
Broad incumbents
- Indonesia's Ministry of Investment / BKPM: Indonesia's national investment coordination board. Comparable as a government-linked investment promotion and facilitation agency operating in the same Southeast Asian FDI market.
- KOTRA (Korea Trade-Investment Promotion Agency): Korea's national trade and investment promotion agency. Comparable as a government-linked investment promotion body supporting foreign companies entering the Korean market, with similar one-stop facilitation and sector targeting.
- Singapore Economic Development Board (EDB): Singapore's lead government agency for investment promotion and economic development. Comparable as a state-level investment promotion agency competing for the same pool of MNC FDI in Southeast Asia.
- Japan External Trade Organization (JETRO): Japan's government-related trade and investment promotion organization. Comparable as a state-backed agency facilitating inbound FDI, with overlapping one-stop advisory and event-driven investor engagement.
- Board of Investment of Thailand (BOI): Thailand's national investment promotion agency offering incentives and facilitation services. Comparable as a state-backed FDI attraction entity competing for the same regional manufacturing and services investment pool.
- Malaysian Investment Development Authority (MIDA): Malaysia's national investment promotion agency under the Ministry of Investment, Trade and Industry. Directly comparable as the federal-level counterpart that promotes investments across all Malaysian states including Selangor.
- Vietnam's Ministry of Planning and Investment / Foreign Investment Agency: Vietnam's national-level investment promotion and facilitation body. Comparable as a government-led FDI agency competing for ASEAN-bound manufacturing investment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Invest Selangor social profiles
Digital presenceInvest Selangor compliance and trust
Trust signalCompliance1 record
Invest Selangor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Invest Selangor leadership team
Management profileNumber of profiles
Profiles1 record
Invest Selangor subsidiaries and ownership
Company hierarchySubsidiaries2 records
Invest Selangor funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Invest Selangor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Invest Selangor
What does Invest Selangor do?
Invest Selangor Berhad is a Selangor State Government-linked investment promotion agency that functions as a one-stop center providing information, advisory, and facilitation services to investors seeking to set up or expand operations in Selangor, Malaysia. Its offerings cover business setup assistance, No Objection Letter (NOL) applications, site selection support, business matching, and coordination of sector-specific initiatives across five core industry clusters: Electrical & Electronics, Machinery & Equipment, Rail/Automotive/Aerospace, Life Sciences, and GBS & Digital Technology.
Is Invest Selangor a public or private company?
Invest Selangor is a private company. It is classified as state government owned and is currently operating.
When was Invest Selangor founded?
Invest Selangor was founded in 1999. It employs 51 to 100 people.
Where is Invest Selangor based?
Invest Selangor is headquartered in Shah Alam, Malaysia, in the Asia region.
How does Invest Selangor make money?
One revenue line is on record: government Funding.
Who are Invest Selangor's main competitors?
InvestKL is listed as a direct peer. Regional players are Invest Hong Kong (InvestHK) and Iskandar Regional Development Authority (IRDA). Broad incumbents are Indonesia's Ministry of Investment / BKPM, KOTRA (Korea Trade-Investment Promotion Agency), Singapore Economic Development Board (EDB), Japan External Trade Organization (JETRO), Board of Investment of Thailand (BOI), Malaysian Investment Development Authority (MIDA) and Vietnam's Ministry of Planning and Investment / Foreign Investment Agency.
Does Invest Selangor have an API?
No public API is recorded for Invest Selangor.
What industry is Invest Selangor in?
Invest Selangor's product category is Investment Promotion Services. Its primary akta.pro industry code is FSAEALAI, Institutional Capital Introduction (LP/Family Office/Endowment Matching). Its NAICS code is 52391 and its SIC code is 8700.