Evolving with Market Needs Technology evolves as time changes. Business needs change congruently and proficient talent force is imperative. InvestPenang shall walk hand in hand with our investors in embracing the changes. Bridging your Investment Needs InvestPenang provides you with pragmatic assistance in all aspects and stages of the investment process. We assist, connect and facilitate investors in setting up and growing their businesses seemlessly. Enabling Strategic Partnerships An all-encompassing resource centre, we provide information and database access to a wide spectrum of key players and SMEs within the supply chain ecosystem, establishing right business connections and partnerships. Engaging with Key Stakeholders We will link and engage with the appropriate federal authorities and state agencies to ensure that investors are furnished with sound advice and relevant information in helping them make the right investment decisions. Evolving with Market Needs Technology evolves as time changes. Business needs change congruently and proficient talent force is imperative. InvestPenang shall walk hand in hand with our investors in embracing the changes.

A one stop agency providing
comprehensive information on
Penang’s investment opportunities
and facilitating businesses on setting up

RM 495 billion

Penang’s Exports Value (2024)

RM 202 billion

Penang’s Trade Surplus Value (2024)

RM 17.3 billion

Penang’s Total Manufacturing Investment Value (2024)

Why Invest in Penang?

Penang’s steady growth prospects and sound governance provide a conducive environment for investment, making Penang the preferred destination

Robust Ecosystem
Robust Ecosystem
Conducive business environment with strong and growing clusters
Future-Ready Talent
Future-Ready Talent
Industry ready and innovative multilingual talent pool
Proven Economic Performance
Proven Economic Performance
Recording the highest GDP and top exporter in Malaysia
Competitive Advantage
Competitive Advantage
More than 50 years of industrial experience with robust supply chain
Sustainable Infrastructure & Accessibility
Sustainable Infrastructure & Accessibility
Established industrial parks and well-connectivity to major cities globally
Liveable & ESG-Centric City
Liveable & ESG-Centric City
Work-live-play balanced with diversified culture, food and lifestyle

We create opportunities &
help you get where you need

Electrical & Electronics

The electrical and electronics (E&E) industries in Malaysia aims to strengthen the available ecosystem especially in the area of semiconductor, solar energy, light emitting diodes (LED)…

Medical Devices

The medical devices ecosystem in Penang comprises a wide spectrum of sub-sectors including but not limited to consumables, implants & surgical instruments, and healthcare equipment.

Precision Engineering & Equipment

This sector mainly covers the engineering and manufacturing of precision tools and equipment for various industrial applications, including…

Aerospace / Avionics

With SAM Engineering & Equipment taking a prominent presence here in the State together with few..

Other Industries

In addition to the major sectors, Penang also actively promote investment in halal food.

Penang, the Silicon Valley of the East

A Diversified Business
Ecosystem With
Unlimited Possibilities

Penang has been listed as one of the best destinations to visit for the ultimate Asia experience by CNN Travel.

Ride on The Wave
of Penang’s Blooming
Digital Economy

GBS is centralising work from any global location to optimise cost and streamline processes. This includes outsourcing where companies assign their support functions to third-party service providers.

Let InvestPenang be your first point of contact

As the Penang State Government’s investment promotion agency, InvestPenang will help you get started in your plan to invest here. You can count on InvestPenang to provide the necessary facilitation and to assist you in your decision-making process.

Latest Happenings

11

Mon

August ‘25

Penang’s Medtech Industry A ‘Hidden Gem’ with Strong Growth Potential

29

Tue

July ‘25

[Press Release] Coherent Corp. Launches Coherent Malaysia’s First Datacom R&D Center in Penang, Advancing Optical Transceiver Technology for AI and Cloud Computing

Upcoming & Past Events

22

Mon

September ‘25

4th Penang International Hanwang Forum 2025

05

Tue

August ‘25

GBS 2.5 Series #2 Tech Talk – “AI in Action: Transforming GBS, Empowering Talent” & Annual Fruits Party

25

Fri

July ‘25

EMAX, PMAX, SMAX, and ASFAX 2025

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