Menteri Besar Selangor (Incorporated) was established under the Menteri Besar Selangor Enactment (Enactment No: 3 1994) on 21 September 1994.MBI, also known as “MBI Selangor”, MBI is a corporate body that was established to administer assets and investments of the State Government, and to represent the State in economic and business activities that are beyond the state government’s jurisdictions. MBI also plays a role towards promoting and supporting the state government’s development efforts as well as to carry out social responsibility obligations for the public.
The strategic investment arm of the State of Selangor that stimulates economic growth, support the State’s agenda and drive value creation to sustain equitable wealth distribution.
- To administer assets efficiently
- To carry out strategic initiatives for economic growth
- To uphold good corporate governance
- To instil a high performance culture
- To improve the quality of life
- To promote social participation
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