9/12/2014 1 Penang - The destination of choice for investments, A great place to live, work, learn and play… Dec 8, 2014 “Grow Your Business with International Partnership” Supplier Day InvestPenang – Investor’s point of contact • The Principal Investment Promotion Agency of the Penang State Government for the promotion of the manufacturing & services sectors • Point of contact for investors. • Collaborates with Federal/ State agencies Promotion • Assist State in Planning • Policy advocacy Planning & Evaluation • Provides information on the business opportunities in Penang Opportunities for Investment • Facilitates implementati on of the investment projects in Penang Facilitation
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Investor’s point of contact - Invest-in-Penang Berhad...Kawan Industrial Park and Penang Science Park (0.5 acres to 5 acres) • Ready built factory units at Batu Kawan SME Village:
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9/12/2014
1
Penang - The destination of choice for investments,
A great place to live, work, learn and play…
Dec 8, 2014
“Grow Your Business with International Partnership” Supplier Day
InvestPenang – Investor’s point of contact
• The Principal Investment Promotion Agency of the Penang State Government for the promotion of the manufacturing & services sectors
• Point of contact for investors.
• Collaborates with Federal/ State agencies
Promotion
• Assist State in Planning
• Policy advocacy
Planning & Evaluation
• Provides information on the business opportunities in Penang Opportunities for Investment
• Facilitates implementation of the investment projects in Penang
An industrial base state, heritage city and campus for
technology
Top 10 dynamic industrial cluster locations in the world to have demonstrated a successful manufacturing experience among developing economies (UNIDO Industrial Development Report 2009)
Top 31 Business Process Outsourcing (BPO) - locations of the future (KPMG’s “Exploring Global Frontiers” Report 2009)
Produces 8% of global back-end support for semiconductor industry (SEMI, 2013)
Georgetown – UNESCO World Heritage Site in 2008
The 8th most livable cities in Asia (ECA Intl. 2012)
Top in Green initiatives in Malaysia
C.A.T. Governance praised for anti-corruption efforts (Transparency International, AG Report 2010)
Top culinary spot (Lonely Planet 2014)
Penang Economic Profile
• GDP : RM 54.97 B
• GDP growth in 2013: 4.6 % (5.0% :2012)
• Contributes 7.0% of national economy (2013)
• Penang’s Share of Economic Activity:-
• Malaysia Inflation rate : 2.1% (2013) Source: Department Of Statistic Malaysia
1st Growth Wave: Malaysia’s First Free Trade Zone in Bayan
Lepas, Penang Industrialization
2nd Growth Wave: Expansion of SEZs into
Industry Clusters
3rd Growth Wave: Development of ICT Project
Move the PENANG ECONOMY up the value chain
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• Shared Services & Outsourcing (SSO) • IC Design & Development • ICT / Software development & Creative Multimedia • Operational Headquarters, International Procurement
Centre and Regional Distribution Centers • Logistics & Transportation • Healthcare & Wellness Services • International Education • Meeting, Incentives, Conferences, and Exhibitions (MICE) • High value Tourism / Hospitality
Our promoted sectors
• Electrical & Electronics • Electronics Manufacturing Services (EMS) • Light Emitting Diodes (LED) • Life Sciences / Medical Devices • Aerospace / Avionics • Renewable Energy (RE) • Halal & Food Industry
Industry
Services
Over 300 multinational companies have chosen Penang as
their location of choice to do business
No. of companies Japan: > 85 Taiwan: >70 US : > 50 Singapore: >30 Germany: > 10 Others : >50