Selangor govt launches RM200mil ‘resilience’ package

SHAH ALAM: The Selangor government today unveiled Phase Two of the Selangor Resilience Strengthening Package, introducing 15 initiatives worth RM209.26 million as part of a strategic response to cushion the impact of the global energy crisis triggered by developments in West Asia.

Menteri besar Amirudin Shari said the package goes beyond direct financial assistance and focuses on broader economic empowerment measures to ensure that the state’s revenue continues to benefit all segments of society.

He said the package was formulated after the state government assessed the effects of the global economic uncertainty on key sectors in Selangor, particularly logistics, manufacturing, and construction.

Citing data from the Social Security Organisation, Amirudin said a total of 10,869 Selangor residents lost their jobs between January and May this year.

Of that number, 2,549 individuals or 23.45% were from the retail sector, while 2,316 individuals or 21.3% were from manufacturing.

“If we look deeper into the figure of 10,869 individuals, around 40% were management and professional-level employees, while the remainder comprised technicians, sales personnel, and machinery operators.

“This situation prompted the state government to safeguard the retail sector and provide transition opportunities for affected workers to venture into entrepreneurship, while also improving their capabilities and skills,” he said when presenting the package, Pakej Pengukuhan Daya Tahan Selangor, during a special sitting of the state legislative assembly today.

The initiatives include rental reductions for local authority premises with an allocation of RM4.5 million, the Selangor Penyayang Project (RM14 million), Selangor Advance (RM100 million), Entrepreneur Quick Fund Financing (RM20 million), and the Selangor Entrepreneur Recovery Initiative and PLATS Career Transition (RM4 million).

They also include the Selangor Career Programme (RM1.5 million), Selangor Agropreneur Assistance (RM6 million), Selangor Smart Rent Moratorium (RM2.22 million), State Government Housing Loan Moratorium (RM2.54 million), Selangor Farmer Resilience Financing (RM7 million), Selangor Scholarship (RM17 million), Teraju Iktisass (RM20 million), Mama Kerja (RM5 million), and a 100% assessment tax rebate (RM5.5 million).

“In total, RM209.26 million has been allocated for Phase Two, while programmes under Phase One involve an expenditure of RM145.8 million.

“This brings the overall allocation for the Selangor Resilience Strengthening Package under both phases to RM355.06 million,” Amirudin said.

Amirudin also called on all parties to strengthen cooperation and remain united to ensure that Selangor’s economy continues to remain competitive and resilient.

“We need collaboration and solidarity among all levels of society. This is not the time for division or unnecessary hostility.

“This is the moment for us to stand together and ensure that the solutions implemented are not for the government or the menteri besar, but for the continued resilience and prosperity of Selangor,” he said.