Why Penang ?

About Penang

Penang is the second smallest state among the thirteen states of Malaysia and is located in the northern region of Malaysia.


Ironically, even as the second smallest state, Penang has developed and transformed from a stagnant, quiet and laid back state in the 1970s into a much sought-after Location of Choice for Investors, Destination of Choice for Tourists and a Habitat of Choice for those who desire sustainable living. Today, Penang is the one of the most dynamic, progressive and competitive states in Malaysia.


Penang has grown from over 40 years of industrial experience evidenced by the presence of the multinationals companies (MNCs). Among the pioneers in Penang’s electronic industry and companies that have continuously invested and grow in Penang till today are AMD, Hewlett Packard (subsequently Agilent), Intel, Hitachi (now Renesas), Bosch and Osram which choose to remain and continue to expand their businesses in Penang.  Penang’s  initial  manufacturing success has famed Penang as ‘The Silicon Valley of the East’.


Penang is moving fast to another level of success in the shared services outsourcing (SSO) industry. The Penang State Government, in envisioning the great potential of the SSO industry, launched the Information Technology Business Process Outsourcing (IT-BPO) Hub in Bayan Lepas to attract global leaders in the SSO Industry to establish their presence in Penang. The IT-BPO Hub in Bayan Lepas which is the first of its kind to be established in Malaysia is a milestone achievement for Penang.


Penang aspires to enhance its international and intelligent city status by leveraging on its highly innovative and sophisticated manufacturing and services sectors and will benchmark to international standards.


Penang has an interesting and rich history which takes one back to as early as 1786 when it was founded by Captain Francis Light.  For over 200 years, George Town, the capital of Penang was a centre of trading and cultural exchanges between the East and West.  The influences of Asia and Europe have endowed George Town, Penang with a unique multicultural heritage. There are extensive heritage buildings encompassing places of worship, residential housing and commercial buildings which represent the British era from the end of 18th century. The unique architectural and cultural townscape is unparalleled anywhere in East and Southeast Asia.


In 2008, George Town in Penang was inscribed as a Unesco World Heritage Site.  Penang’s old world charm, drawn from many of its historical buildings, further enhances Penang as a preferred destination for tourists.


Besides the availability of the Penang International Airport, the Penang Port and the extensive first class railway, Penang’s latest infrastructure to boost businesses is the opening of the Penang Second Bridge, named after the fourteenth King of Malaysia, Tuanku Abdul Halim Muadzam Shah. This 24 km, dual carriageway bridge connecting Batu Maung on the island and Batu Kawan in the mainland will be the key to the development of Penang’s next Growth Centre, the Batu Kawan Township.