InvestPenang would like to inform that our office will be closed from 6th November to 6th December 2020 due to the recent CMCO imposed in Penang. InvestPenang team will still be working from home and reachable via emails. Please refer to our respective emails at https://investpenang.gov.my/about-invest-penang/. We remain committed to support our stakeholders through this difficult time.

Penang Corporates’ Contribution to Covid-19 Fronties

Over 30 corporates have pledged and delivered much needed itemsto our frontliners at Penang General Hospital and local councils. Cumulatively, these in kind contributions amounted to over RM1.5 million.

Visit https://investpenang.gov.my/penang-corporates contribution to covid-19-frontliners-at-penang-general-hospital-and-local-councils/ about the contributors, medical supplies donated, and gallery of this imitative. This projects managed on a voluntary basis by InvestPenang.

Strategies for Penang Economic Next Normal

The year 2020 has all the makings of a challenging year. The Covid-19 outbreak has sent global industries and economics into a tailspin, post significant threats to the healthcare system and severely disrupting the supply chain and dampening consumer spending. It has overshadowed the yet to restore US-China trade and technology war.

Application To MBPP and MPSP For 24-hour Operations During MCO

For any Penang company that is qualified to operate during Movement Control Order (MCO) period and wish to operate 24 hours, please write to: Mayor of Majlis Bandaraya Seberang Perai (MBSP) at datukbandar@mbsp.gov.my OR Mayor of Majlis Bandaraya Pulau Pinang (MBPP) at datukbandar@mbpp.gov.my

In the email, please specify:

  1. Scheduled shift & number of employees per shift
  2. Total number of employees approved by Ministry of International Trade and Industry (MITI)
  3. Attach MITI’s approval letter

Those companies which wish to operate 24 hours are advised to apply immediately and Councils have agreed to respond as soon as possible (within 3 days).

WHY INVEST
IN PENANG ?

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

 

Bustling Ecosystem

 

Multifaceted & Sustainable Talents

 

Robust Economy

 

Competitiveness

 

Accessibility & Infrastructure

 

Liveable City

Our Opportunities

MANUFACTURING

Explore Penang’s key industries and the companies already thriving here

Other Services Opportunities

A Diversified Business Ecosystem With Unlimited Possibilities

High Value Tourism / Hospitality

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

International Education

Academic excellence, competitive living costs, safe environment and healthy lifestyle render Penang as one of the best destinations to further one’s education.


 

Meetings, Incentives, Conferences & Exhibitions (MICE)

Penang’s unique blend of modernity and Asian traditions, coupled with its famed and well-established hospitality industry have marked it out as a popular MICE destination.

Healthcare & Wellness

Penang contributes 49% of Malaysia’s medical tourism market, thanks to its excellent yet affordable medical treatment and healthcare services.

Digital Economy Opportunities

Ride The Wave Of Penang’s Blooming Digital Economy

Global Business Services (GBS)

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.

ICT & Software Development

The development of principal and supporting software as well as digital infrastructures to support applications in both industrial and business context.

Creative Multimedia

The creative multimedia industry is making its mark as one of the most sought-after industries in the world.

HOW WE CAN HELP

Let InvestPenang be your first point of contact.

As the Penang State Government’s investment promotion agency, InvestPenang will help you kickstart your investment roadmap. You can depend on us to provide the necessary facilitation and to assist you in your decision making. Among the complimentary services offered by InvestPenang are:

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Getting Started

Easily get hold of the information you require.

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Connecting & Bridging

Linking you to the right companies/ agencies/ government departments/ people.

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Site Selection Visits

Meet and greet. We coordinate your site selection visits.

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Finding The Perfect Location

Helping you find your preferred location for your business/ industry.

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Local Supply Chain Support

Assist in connecting you to local supply chain support providers.

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Hand-holding Support

Hand-holding support throughout the application and approval process.

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Expatriate Families Facilitation

Helping expatriate families to settle in Penang.

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Issues Resolution

Assist in resolving any possible issues with State/ Federal agencies in the most efficient and diplomatic way.

Be In Touch