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.

Special Report: Medical Devices Industry is Penang’s Hidden Gem

Oct 20 – IT is not a widely known fact that Penang, famous for its thriving electrical and electronics (E&E) industry, also has a burgeoning medical device industry. The state is slowly gaining a reputation as a medical device manufacturing hub among world-class manufacturers. Its most recent investments include US company DexCom Inc, a global […]

Malaysian E&E Players Tread Carefully amid Tech Cold War

Oct 15 – As its name implies, a semiconductor chip is made of a material that conducts current, but not completely. The conductivity of a semiconductor lies somewhere between that of an insulator, which has almost no conductivity, and a conductor, which has almost full conductivity. In the years to come, Malaysian semiconductor and semiconductor-related […]

Four Strategies to Empower Penang’s Economic Recovery

Oct 12 – The Penang government has underlined four strategies to empower the state’s economic recovery under its Penang 2021 Budget. Chief Minister Chow Kon Yeow said the four strategies were to encourage investment and increase productivity as drivers of economic growth, to develop digital infrastructure and digital community towards sustainable resilience, to strengthen and […]

Comet Group: Manufacturing in Malaysia

The decision was made in November 2019: In summer 2020, on an ambitious schedule, Comet is to start manufacturing at its new site in Penang. The project team responsible is racing to make it happen. With good reason. In the semiconductor industry, few things count more than speed – and especially in Asia, the world’s […]

[Press Release] Penang’s Manufacturing Investment Inflows Remains Sturdy with RM9.12 Billion Achieved in Jan–Jun 20

  Penang’s approved manufacturing investments performed steadily in the first half of 2020, recorded an inflow of RM9.12 billion. For 2Q20, the State captured RM2.02 billion inflows, up 452% year-on-year, marked a resilient industrial ecosystem even under challenging times. However, second half’s performance can hardly be on par due to challenges from COVID-19 outbreak. Penang, […]