{"id":39598,"date":"2022-01-17T15:24:50","date_gmt":"2022-01-17T07:24:50","guid":{"rendered":"https:\/\/investpenang.gov.my\/press-release-50-years-of-excellence-and-beyond\/"},"modified":"2025-11-28T14:32:00","modified_gmt":"2025-11-28T06:32:00","slug":"press-release-50-years-of-excellence-and-beyond","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/press-release-50-years-of-excellence-and-beyond\/","title":{"rendered":"[Press Release] 50 Years of Excellence and Beyond"},"content":{"rendered":"

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[Press Release] 50 Years of Excellence and Beyond<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

17 January 2022<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”29951″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]For Immediate Release<\/strong>
\nPRESS RELEASE<\/strong><\/p>\n

50 Years of Excellence and Beyond
\n<\/strong>Steering Penang towards high income economy, driven by digitalization, manufacturing excellence and innovation.<\/em><\/p>\n

\u00a0<\/em>Penang, Jan 17, 2022 \u2013 The year-long celebration on the 50th anniversary of Penang\u2019s industrialisation officially kick-started with the hybrid launching ceremony by the Right Honourable Mr. Chow Kon Yeow, Chief Minister of Penang.<\/p>\n

\u201c2022 is a year of celebration for Penang as it signifies the success of our transformation journey over the last five decades. This has laid the groundwork for Penang to unlock limitless potential. The tagline for this celebration \u201c50 Years of Excellence and Beyond<\/strong>\u201d aptly describes the State\u2019s ambition to capitalise on this springboard and forge ahead with all stakeholders. Together, we can propel Penang to greater heights for the next 50 years and beyond,\u201d said Chow.<\/p>\n

Dato\u2019 Seri Lee Kah Choon, the Chairperson of the Organizing Committee for this celebration, said: \u201cPenang\u2019s solid reputation is built on decades of manufacturing excellence and industrial experience. This has translated into far-reaching effects, in terms of moving up the value chain and uplifting the skillset of the local workforce. All these have placed the State on the right trajectory to achieve a high-income economy. Specifically, we are seeing digitalization, manufacturing excellence and innovation as the key drivers and talent pool expansion as the factor underpinning the drivers\u2019 success.\u201d<\/p>\n

\"\"

An emblem of the future<\/strong><\/p>\n

During the launching ceremony, Chow also shared that the logo applies a blue and gold combination to portray modernity and grandeur, which is inspired by the Penang flag. In particular, a blue gradient is often associated with technology, digitalization and intelligence, which ties with Penang\u2019s aspirations towards a new era of industrialisation. On the other hand, gold highlights the Golden Jubilee of Penang\u2019s industrialisation. The logo also incorporates element of binary codes to create a distinct futuristic icon that commensurate with the State\u2019s digitalization objective.<\/p>\n

Well-curated themes to seize opportunities ahead<\/strong><\/p>\n

The State has established a public-private partnership with industry leaders to outline and coordinate a year-long event with 12 focused themes to demonstrate Penang\u2019s successful transformation and forward-looking plans.<\/p>\n

Aside from shining a spotlight on Penang\u2019s 50 years of manufacturing excellence<\/em><\/strong> which houses top-notched industry players, the curated themes also focus on industries with countless possibilities, including Electrical & Electronics (E&E), Medical Technology, Digital Economy & Global Business Service (GBS), Food Technology <\/em><\/strong>and Space Technology<\/em><\/strong>.<\/p>\n

Apart from these, local technopreneurship<\/em><\/strong> and startup<\/em><\/strong> are among the themes that are apt to be showcased, featuring the capabilities and breakthroughs of homegrown companies.<\/p>\n

With the uptake of fourth Industrial Revolution (4IR) technologies that drive productivity and growth, innovation and talent are imperatives that formed the core of Penang\u2019s digitalization journey. Innovation<\/em><\/strong>-related programs, alongside plans on talent attraction<\/em><\/strong> and development<\/em><\/strong> will be carried out this year.<\/p>\n

In addition, Penang pledged to hold sustainability as one of our top priorities. As such, Environmental, Social & Governance (ESG)<\/em><\/strong> is firmly on the agenda.<\/p>\n

\u201cAll the themes coincide with my Penang2030 vision of \u2018A Family-Focused Green and Smart State to Inspire the Nation<\/em>\u2019. Going forward, the State is cognizant of the emerging trends and strive to uphold our competitive edge by penetrating into high value-added activities while strengthening the existing industry clusters,\u201d Chow elaborated.<\/p>\n

\"\"

Chow also expressed his gratitude to all the theme drivers on-board, \u201cThe State is delighted to have industry leaders like Aemulus, ams-OSRAM, Angkasa-X, Boston Scientific, Exabytes, Inari Amertron, Intel, Keysight, Penang GBS Focus Group and Penang Skills Development Centre\u00a0(PSDC), joining us as the theme drivers for this meaningful celebration. We welcome all other companies and associations to collaborate with us for this year-long event.\u201d<\/p>\n

END<\/strong><\/p>\n

 <\/p>\n

About Penang Development Corporation<\/strong>
\nThe Penang Development Corporation (PDC) was established in 1969 as the leading development agency for the Penang State Government. PDC has been tasked to spearhead the socio-economic growth, create employment opportunities and improve the quality of life in Penang. PDC’s main activities include the development of industrial parks, townships and affordable housing. Since its inception, PDC\u2019s strategies in industrial and housing development have enabled Penang to position itself as a leading industrial, tourism and services hub in the region.<\/p>\n

\u00a0<\/strong>About InvestPenang <\/strong>
\nInvestPenang is the Penang State Government\u2019s principal agency for promotion of investment. Its objectives are to develop and sustain Penang\u2019s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centres. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Centre (providing assistance to SMEs), Penang CAT Centre (for talent attraction and retention) and i4.0 seed fund (a catalyst for the start-up ecosystem).<\/p>\n

For media enquiries, please contact:<\/u><\/strong>
\nYeoh Bit Kun\/ Ooi Phei Wen
\nbitkun@investpenang.gov.my<\/a> \/ pheiwen@investpenang.gov.my <\/a>
\nInvestPenang[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”120px” el_class=”height-x120″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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