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.

Penang to be a Global Hub Center for GlobalFoundries

The center in Malaysia is expected to be a hub that will oversee GlobalFoundries’s global operations. The company is currently setting up the office in the Bayan Lepas area, which is expected to be ready in the middle of September. The hub will be a virtual fabric with a manufacturing control tower, where GlobalFoundries can […]

Penang Complementing, Not Competing for Chipmaking Capital Leaving China: Official

May 24, 2023 – Penang remains unfazed by the flow of semiconductor capital to other countries in the region as the state has developed its own niche in the electrical and electronics (E&E) manufacturing sector. The state, now a top-ten player in the global supply chain for E&E, would complement rather than compete with its […]

[Press Release] SEMICON Southeast Asia 2023 Brings Focus on Electronics Supply Chain Resilience, Sustainability, Smart Tech and Talent

May 23, 2023 – Critical areas of semiconductor industry growth including sustainability, smart manufacturing, smart mobility, smart medtech and workforce development will take center stage over the next three-days at SEMICON Southeast Asia, the industry’s premier global electronics manufacturing and supply chain event. The opening was officiated by YAB Datuk Seri Dr. Ahmad Zahid Bin […]

B. Braun Enters Expansion, Innovation Mode in Penang

May 22, 2023 – German medical and pharmaceutical device company B. Braun Group’s arm in Malaysia, B. Braun Medical Industries (BMI) Sdn Bhd, is set to embark on a new phase of expansion and innovation in Penang. B. Braun Asia Pacific president Lam Chee Hong, who is the first Malaysian helming the position, said its […]

Malaysia on Right Trajectory to Maintain Position as Chipmaker, Says Semi President

May 10, 2023 –  Malaysia’s expertise and experience as well as the vital role it plays in the global semiconductor value chain have placed the country on the right trajectory to maintain its position as a chipmaker. In an exclusive interview with The Edge, US-based Semiconductor Equipment & Materials International (Semi) president Ajit Manocha said Malaysia’s […]