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

WHAT’S HAPPENING

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

MMS Ventures to Have New Assembly and Test Lines

Mar 27, 2023  – MMS Ventures Bhd will produce new assembly and test lines to check power components used in medical instruments and automotive industries in the fourth quarter of this year. Group managing director T.K. Sia […]

[Press Release] AMD Announces Plans to Expand Global Business Services and Engineering Presence in Penang

March 23, 2023 — AMD (NASDAQ: AMD) today announced plans to expand its global business services and engineering presence in Malaysia with the construction of a new, state-of-the art office space and lab facility in […]

[Press Release] SEMICON Southeast Asia 2023 to Spotlight Electronics Supply Chain Resilience, Sustainability, Smart Tech and Talent

March 22, 2023 — Critical areas of semiconductor industry growth including sustainability, smart manufacturing, smart mobility, smart medtech and workforce development will take center stage at SEMICON Southeast Asia as the industry’s premier global electronics […]

[Press Release] Penang’s Robust Industrial Ecosystem Continued to Demonstrate Resilience with RM13.7B Approved Manufacturing Investments in 2022

March 15, 2023 – Having built a solid reputation after 50 years of industrial excellence, Penang continues to draw active participation from both new and existing investors. According to data from the Malaysian Investment Development […]

[Press Release] Greatech Technology Berhad Marks Major Milestone with RM1.3 Billion Investment in Batu Kawan IV (BK IV)

February 28, 2023 – Greatech Technology Berhad (“Greatech”), through its subsidiary Greatech Integration (M) Sdn. Bhd., a Malaysia-based leading automation solutions provider, organised a groundbreaking ceremony for the construction of a new facility in Penang, […]

US-China Trade Tensions a Tailwind for Steel Player Eonmetall

February 22, 2023 – EONMETALL Group Bhd, which manufactures steel storage and racking systems, metalwork and industrial process machinery and equipment, is a beneficiary of the US-China trade war that has led to an increase […]

[Press Release] Elna PCB Deepens Root in Penang With RM1 Billion Expansion Plan

February 18, 2023 – Elna PCB Malaysia Sdn Bhd (Elna PCB), one of the key printed circuit board (PCB) players in Penang, held a groundbreaking ceremony today for the expansion of its new plant in […]

ViTrox Sets Up College to Address Talent Shortage

February 10, 2023 – A VISION-INSPECTION equipment maker, ViTrox Corporation Berhad has launched its own education centre, ViTrox College, today. It is located at the same site as its plant in Batu Kawan Industrial Park […]

Tech: US-China Tensions Open Door to Simmtech’s Diversification to Malaysia

February 8, 2023 – THE semiconductor industry has been feeling the heat arising from tensions between the US and China, while grappling with worsening consumer demand amid a gloomy global economic outlook. Concerns over the […]

Solar Renewable Energy to Fuel Greatech As It Seeks New Blue Ocean Product

January 16, 2023 – AT a time when most semi­conductor equipment players are experiencing the effects of an industry-wide down-cycle, the sun continues to shine for factory automation solutions provider Greatech Technology Bhd, given its […]

Pharmaniaga Open New Distribution Centre in Penang to Increase Distribution Capacity

January 6, 2023 – Pharmaniaga Bhd’s wholly-owned unit, Pharmaniaga Logistics Sdn Bhd (PLSB), has officially opened its new distribution centre in Penang to increase the group’s distribution capacity coverage and buffer stock readiness. The new […]

New Era of Smart Healthcare Centre Now Established in Penang

January 7, 2023 –  Chang Gung Memorial Hospital (CGMH), Taiwan’s largest non-government hospital group, has established its first medical technology (MedTech) centre, Taiwan Advance Medtech Centre (TAMC), in Penang. Taiwan Advance Medtech Centre Sdn Bhd […]

[Press Release] AEM Opens New 365,000-Square-Foot Manufacturing Plant in Penang

January 9, 2023 – AEM, a global leader in test innovation, celebrates the grand opening of its new manufacturing plant in Penang. The new plant comprises a 365,000-square-foot area for assembly, quality assurance (QA), a […]

[Press Release] Year 2023: Seize Opportunities Towards the Next Leap

Year 2023: Seize opportunities towards the next leap 2022 is an action-packed year for Penang. Celebrating the 50th anniversary of Penang’s industrialisation this year, the stellar performance garnered in the past has greatly attested the […]

Tech: Micron Looks Past Semiconductor Downturn for Opportunities, Ramps Up Investment in Penang

December 15, 2022 – THE tech rout that began in the beginning of the year, as the flip from chip shortage to glut intensified, has shaved 40% off the share price of US-based memory chip […]

Lam Research Embraces Solar Power System to Reduce CO2 Emissions

December 15, 2022 – THE Lam Research International Sdn Bhd, a global supplier of wafer fabrication equipment and services to the semiconductor industry, has launched its solar power system today at its manufacturing plant in […]

QES Group Doubles Down on Investment in Manufacturing Capacity

December 13, 2022 – UNFAZED by a slowdown in global semiconductor demand that could continue into next year amid the risk of a recession, QES Group Bhd is doubling down on its investment and commitment […]

[Press Release] SIMMTECH to Fast Track USD50-Million Expansion of Subsidiary’s Production Line in Penang to 2023

December 13, 2022 – SUSTIO Sdn. Bhd., a Malaysia-based subsidiary of the semiconductor packaging substrate and HDI Printed Circuit Board (PCB) global leading manufacturer, SIMMTECH, is set to expand its production line in Penang. The […]

US-based Manufacturer Lanco Opens New Facility at Batu Kawan Industrial Park

December 8, 2022 – LEADING manufacturer of equipment for production automation, Lanco Integrated, has officially opened its much-anticipated, high-technology manufacturing facility at Batu Kawan Industrial Park (BKIP) today. Lanco Integrated vice-president (sales and marketing) Barry […]

Mattel Malaysia Celebrates Its 40th Anniversary And Announces Plant Expansion To Be Completed In January 2023

December 6, 2022  – Mattel Malaysia Sdn. Bhd. (MMSB) commemorated its 40th anniversary in Malaysia today with the announcement of a plant expansion, expected to be completed in January 2023. Located in Penang, Malaysia, MMSB […]

Micron Technology To Invest RM4.4bil On 2nd Factory In Penang

December 2, 2022 –  Buoyed by strong market demand, US-based Micron Technology Inc will invest another US$1 billion (RM4.4 billion) to build a second factory in Penang. CEO Sanjay Mehrotra said the computer memory and […]

[Press Release] 50th Anniversary of Penang’s Industrialisation: State Recognition Dinner 2022

December 2, 2022 – In conjunction with the 50th anniversary of Penang’s industrialisation, the state government, via Penang Development Corporation (PDC) and InvestPenang, has led a year-long event surrounding on 13 focused themes to demonstrate […]

[Press Release] PDC And Walta Signed 15 Years Lease Agreement To Nurture Penang’s Talent

November 28, 2022 – Walta Engineering Sdn Bhd (Walta) hosted an agreement exchange ceremony today at Plaza WCOE at Batu Kawan Industrial Park, celebrating the expansion of Walta Centre of Excellence (WCOE) with the continued […]

Micron Sets Up First Industry-Driven Childcare Centre At Batu Kawan

November 24, 2022 – Memory and storage solutions provider Micron Technology has set up the first public-privately funded childcare centre in the country in a bid to support work-life balance for its employees. Its president […]