Sepang and Kuala Langat, although are located nearer each other, have differences in its economic focus. The major economic driven in Sepang is the service sector followed by the manufacturing sub sector. In Kuala Langat, the manufacturing sector is the major economic driven followed by the agricultural sector. There is future prospect for the relocation of economic gravity to Sepang District, as the catalyst of Sepang is the Multimedia Super Corridor which is similar to Silicon Vallley, based in Cyberjaya. Location wise, Cyberjaya is placed next to the Federal Government Administration Centre, Putrajaya. It covers an area of 7,000 hectare and functions as Nucleus of National IT Communication and Multimedia. It is also expected to be the Intelligent City of The Future, as well as a model for the nation.
Approximately 400 renowned international IT Companies have showed interest and are expected to commence operation here by the year 2020. The Multimedia University operating in Cyberjaya has commenced its sessions in the year 1999. To facilitate the expansion of Cyberjaya, it is hoped that this university can produce many of the work force required by the operating companies in Cyberjaya and in the MSC generally. The backbone of this Intelligent City is the latest fibre optic network which is able to connect the MSC directly to Japan, the USA, Europe and other South East Asian countries. With that multimedia and information technology facilities and infrastructures, Sepang will continuously be a world focus. Aside from national projects which are rapidly developing, Sepang also has uniqueness as the first international standard Formula One (FI) Race Circuit in Malaysia that is located here, close to the KLIA. For the Kuala Langat District, this district is increasingly growing with the effective transportation infrastructure and economic activities.
There are various economic potential and prospect for this district. The agricultural sector is an important source of growth having the potential for modernisation. A significant increase in food output, industrial agricultural, and contribution of the fisheries sector and the farming sector is expected to expand and become the basis to the economic growth in the region. The existence of mega projects such as industrial growth in Kuala Langat District is also able to attract investors to invest and subsequently to generate income for Selangor. The growth of export and domestic oriented industries are also expected in this district. The District of Kuala Langat possesses strength and potential from the aspect of tourism as it has a variety of products. Among the tourism products which it can offer are tourism activities based on history and the heritage, coastal areas, recreational and sport activities, local cuisine, homestay, visits to fruit orchards and tea plantation as well as local crafts.
The potential of value added economic development in Klang Valley 2 Region can help reduce the economic gap between the rural and town areas for the present and for the future.The initiatives taken by the Selangor State Government in planning, implementing and coordinating the development of the Klang Valley 2 Region is expected to contribute towards reinforcing the achievement of the Selangor the Developed State Vision as well as to enhance the position of Kuala Lumpur Metropolitan Region-Klang Valley as one of the most important metropolitan cities in the world. Various potential and benefits from the aspects of economic and social relations in both districts can be utilised. In relation thereto, incentive and support initiatives towards the expansion of global and local businesses requires various actions and standardisation to be done by the local district administration, including the incentives for global and local investment, SMI development, and sectors of the local economy. Among the programmes and projects given emphasis are:
- Networking and linkages between the private and public sector
- Development of tourism sector
- Development of agriculture and fisheries sectors
- Encouragement of global business development
- Development of SMI
- KLIA
- Cyberjaya
- Mega projects
1 comment:
Hi Azmizam, I suggest you refer a few books that relevent to your research such..ON COMPETITION by Michael E. Porter (Famous Professor from Harvard Business..try send email to him. He will help you in your research). Other book highly recommend for you to read is GLOBAL CAPITALISM, FDI and Competitiveness by Prof John H. Dunning from University of Reading, UK). Also book written by Michael E. Porter CAN JAPAN COMPETE?..comprehensive study on Japan economy.. can make some comparison with Malaysia competitiveness in the context of trade and investment.
GOOD LUCK... forward to read more of your writing..
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