Kindly be informed that InvestPenang team continues to work from home and is reachable via emails. Please refer to our respective emails at
Should you need to meet up , we are conducting our meetings virtually. You may connect with us for further arrangements.


View major news and upcoming events to explore Penang’s thriving key industries.

International software company Luxoft sets up office in Penang

GEORGE TOWN: International software company Luxoft has set up an office in Penang. It will invest RM235mil investment in human capital and technology for the first five years. The locals will be able to benefit from the expected 500 job opportunities in IT and software development engineers that the company will create. Luxoft president and chief […]

Swedish Industrialized Building Systems to invest RM100mil in Penang

GEORGE TOWN: Industrialized Building Systems will invest about RM100mil in its production and research and development facility at the Penang Science Park to become the biggest Swedish investor in Penang so far. Managing director Erik Thomaeus (pic) said some 180 new jobs would be created when the factory is in full production. He said there […]

Penang announces RM63m Penang Automation Cluster

GEORGE TOWN, Feb 8 — The Penang state government today announced the formation of a RM63 million Penang Automation Cluster (PAC) in the Batu Kawan Industrial Park which is slotted to open by 2019. The small medium enterprise (SME) precision metal fabrication or automation cluster will be the first of its kind in Malaysia, as […]