Singapore Speakers Sept 2017

Dato' Teng Chang Khim

Dato' Teng Chang Khim

Guest of Honour, Convergence | SWITCH (VIP Guest)

Senior Exec. Councillor (EXCO), Chairman of Standing Committees Investment, Selangor, Malaysia

 

Hon. Dato' Teng Chang Khim obtained his bachelor’s degree in law from the University of London, and started his career as an advocate and solicitor at the High Court of Malaya, which he did from 1995 until 2008. He became politically active at the same time, first as State Assemblyman for Selangor. In the executive branch, he was in charge of local governments, R&D, and is currently the Chairman for the Standing Committees for Investment, Industry & Commerce, SMEs, and Transportation.

Excepts from The Business Year article, read full article HERE

Selangor represents approximately a quarter of Malaysia's total GDP. What do you think are the key strengths of the state?

We have been an economic powerhouse not just over the past five years, but also since the country's independence 50 years ago. We have extensive experience in dealing with foreign investors and supporting a broad range of industry players... Selangor is the gateway to the larger region of Asia. Culturally as well, the people in Malaysia speak Chinese, Tamil, Bahasa, and English. You can find partners here to give you access to the markets of China, India, and Indonesia.

Selangor has a strong manufacturing industry for electronics, chemicals, and automobiles. What are your focuses to attract investment?

We focus on the five clusters of: transport equipment, machinery, licenses, food and beverages, and electronics. Within the five, we place special focus on biotechnology and life sciences, including the medical equipment industry. Malaysia has seen rapid growth in the medical sector in terms of medical tourism and is shifting our manufacturing industry toward this purpose. In transport equipment, there is special attention placed on aerospace, again divided into five clusters: MRO, OEMs, engineering services, training, and aero parks. In the service industry, our vision is for Selangor to become a global trading hub and a financial and logistics center. We do not just have a vision but a specific strategy and plan in place to realize this potential.

How are you preparing for the development of Selangor being the site of the new Asia Aerospace City (AAC) in Subang?

We have world-class infrastructure, including the KL International Airport and the largest low-cost airport just next to it. This definitely helps us to grow the industry. Over 62% of the aerospace activities in Malaysia are located in Selangor, which is the reason why we recently set up the Selangor Aerospace Council, in addition to the efforts of the federal government. The AAC is an exciting initiative that brings together all aspects of the aerospace industry such as manufacturing, engineering, and R&D. We work in close cooperation with the federal government to do our share. On our part, we look to offer our own vocational training program in the aerospace industry.

Hon. Dato' Teng Chang Khim, is Selangor State Senior Executive Councillor (EXCO), Chairman of Standing Committees for Investment, Industry & Commerce, Small & Medium Enterprises (SME) and Transportation, Selangor State, Malaysia.

We are very excited to host Hon. Dato' Teng Chang Khim as one of our VIP Guests at Convergence 005 | SWITCH.

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