{"id":39639,"date":"2021-12-17T13:16:23","date_gmt":"2021-12-17T05:16:23","guid":{"rendered":"https:\/\/investpenang.gov.my\/intel-starts-construction-of-new-production-facility-at-bayan-lepas-ftz-3-penang-as-part-of-its-us7-billion-expansion-project\/"},"modified":"2025-11-28T14:40:13","modified_gmt":"2025-11-28T06:40:13","slug":"intel-starts-construction-of-new-production-facility-at-bayan-lepas-ftz-3-penang-as-part-of-its-us7-billion-expansion-project","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/intel-starts-construction-of-new-production-facility-at-bayan-lepas-ftz-3-penang-as-part-of-its-us7-billion-expansion-project\/","title":{"rendered":"[Press Release] Intel Starts Construction of New Production Facility at Bayan Lepas FTZ 3, Penang, as Part of its US$7 Billion Expansion Project"},"content":{"rendered":"

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[Press Release] Intel Starts Construction of New Production Facility at Bayan Lepas FTZ 3, Penang, as Part of its US$7 Billion Expansion Project<\/h1>\n

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17 December 2021<\/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=”29943″ 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]PRESS RELEASE
\nEmbargo until 17 Dec 2021, 10:05 MYT<\/p>\n

Penang, Dec 17, 2021 \u2013 Intel Corporation\u2019s (Intel) groundbreaking ceremony today marks the construction of its new production facility at Free Trade Zone Phase 3, Bayan Lepas Industrial Park, Penang as part of its US$7 billion (RM30 billion) expansion project. The ceremony is officiated by the Chief Minister of Penang, Right Honorable Mr. Chow Kon Yeow. This multi-phased expansion project consists of several buildings and is expected to begin production in early 2024.<\/strong><\/p>\n

\"\"

Started off with a US$1.6 million investment and 100 employees in 1972, Penang is the first offshore assembly plant for Intel. With a presence that spans nearly half a century in the State, Intel Penang has grown into a high-tech campus, including an assembly and test facility, Malaysia\u2019s largest product design and development centre and one of the only two Intel shared services hubs that support HR, Finance, Procurement, IT and Supply Chain operations globally.<\/p>\n

Intel\u2019s decision to deepen its roots in Penang throughout the 5 decades are testaments to the State\u2019s robust industrial ecosystem, well-developed infrastructure, availability of skilled workforce as well as liveability stature that upholds Penang as a natural talent magnet.<\/p>\n

Chow said: \u201cThe State has recorded two years of outstanding investment performances in a row, which include 2019\u2019s all-time-high achievement of RM17 billion, and the second highest in 2020 with RM14 billion. With the addition of Intel\u2019s reinvestment decision, the State\u2019s investment performance in 2021 will greatly outweigh the past records, driving us to the next level.\u201d<\/p>\n

Intel\u2019s exemplary corporate citizenship<\/strong><\/p>\n

Chow also commended Intel\u2019s dedication in moving the needle to elevate the State\u2019s stance on the environmental, social and governance (ESG) agenda. \u201cIntel Malaysia has committed over RM5 million for Covid-19 relief and helped vaccinate over 17,000 people, from its own workforce, neighbouring companies, and their respective supplier companies. Aside from that, Penang is proud to house Intel\u2019s largest solar farm outside of the US. According to 2021\u00a0Randstad Malaysia\u00a0Employer Brand Research, Intel is the top three most attractive employers in Malaysia, underpinned by its good reputation, financial health and career progression,\u201d Chow elaborated.<\/p>\n

\u201cWith InvestPenang as the facilitator, the state government will ensure smooth implementation of Intel\u2019s expansion, via unwavering support from the state machinery. We have been working closely with Intel\u2019s local leadership team and will continue to maintain this long-standing relationship in years to come,\u201d he said.<\/p>\n

50-year industrialization journey paves the way for limitless potential<\/strong><\/p>\n

Penang will be stepping into the 50th anniversary of its industrialization journey in 2022, a significant milestone that testifies the State\u2019s conducive environment in captivating sustained interests from investors.<\/p>\n

The 5 decades of manufacturing excellence have laid the groundworks for Penang to unlock limitless potential. Leveraging on that as a springboard, the State will stay committed to forging ahead with all stakeholders and propel Penang to greater heights for the next 50 years and beyond.<\/p>\n

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

 <\/p>\n

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 startup 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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December \u201821<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":5119,"featured_media":29943,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[218],"news_month":[230],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39639"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/5119"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=39639"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39639\/revisions"}],"predecessor-version":[{"id":39641,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39639\/revisions\/39641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29943"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=39639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=39639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=39639"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=39639"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=39639"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=39639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}