PKNS was established on 1 August 1964 under the Selangor State Development Corporation Enactment (1964) as a statutory body and development agency for the state of Selangor.

Its establishment was intended to uphold the country’s independence through just economic distribution and socio-economic growth that are guided by government policies in order to create stability, harmony and social justice, specifically in the state of Selangor. This aspiration can be fulfilled through the development of new growth centers, exploration of vibrant and sustainable residential areas, and development of industrial.

In view of a sustainable future, the new headquarters was built as an iconic landmark and a symbol of progress and dynamism through use of energy that is more efficient compared to conventional offices. Its design meets the requirements of the Green Building Index (GBI) and its architecture complements the serenity of the Shah Alam lake.