{"id":41329,"date":"2018-06-28T02:17:53","date_gmt":"2018-06-27T18:17:53","guid":{"rendered":"https:\/\/investpenang.gov.my\/alibaba-founder-jack-ma-invited-to-penang\/"},"modified":"2025-12-03T08:45:30","modified_gmt":"2025-12-03T00:45:30","slug":"alibaba-founder-jack-ma-invited-to-penang","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/alibaba-founder-jack-ma-invited-to-penang\/","title":{"rendered":"Alibaba founder Jack Ma invited to Penang"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Alibaba founder Jack Ma invited to Penang<\/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

28 June 2018<\/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=”29061″ 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]GEORGE TOWN, June 27 \u2014 Penang Chief Minister Chow Kon Yeow has invited Alibaba founder Jack Ma to visit the state so that he might consider investing there.<\/p>\n

He said Finance Minister Lim Guan Eng had suggested to Ma to do so when they met recently.<\/p>\n

\u201cI am following up to that by officially sending Ma a letter and inviting him to look at our e-commerce system that is supported by startup companies here,\u201d Chow said.<\/strong><\/p>\n

He was speaking in a press conference at his office today after receiving a courtesy call from Chinese Embassy minister counsellor and deputy chief of mission Chen Chen.<\/p>\n

It was reported that Lim informally met with Ma on June 17 before the official opening of Alibaba\u2019s office in Kuala Lumpur.<\/p>\n

Chow pointed out that Penang, which is known as the Silicon Valley of Malaysia, has a strong base of multinational companies and small-medium enterprises (SME) in the information technology and e-commerce sectors.<\/strong><\/p>\n

He said Ma can consider Penang as a potential place for investment.<\/p>\n

Earlier, he told Chen that Penang is open to cooperation with China on infrastructure projects in the state.<\/p>\n

\u201cWe welcome Chinese companies to come and share their expertise and know-how in such projects,\u201d he said.<\/p>\n

The Chinese Embassy minister counsellor said the Chinese government was supportive of Chinese companies investing in Penang.<\/p>\n

\u201cThis will be good for technology knowledge transfer,\u201d he said.<\/p>\n

Chen also expressed China\u2019s interest in cooperating in infrastructure projects, such as Penang\u2019s flood mitigation projects and the Penang Transport Master Plan.<\/p>\n

He said currently about 30 Chinese companies had invested in Penang.<\/p>\n

\u201cChina was the largest foreign investor in Penang in 2016 when our companies invested close to RM700 million,\u201d he said.<\/strong><\/p>\n

When asked about Malaysia-China ties after the May 9 election, Chen said the relationship remained \u201cwell\u201d.<\/p>\n

\u201cThe relationship between both countries are based on mutual respect, equality and mutual benefit so there should not be any worries of a drop in investments to Malaysia,\u201d he said.<\/p>\n

Chen expressed his confidence in continued cooperation between China and Malaysia as it was beneficial to both countries and their people.<\/p>\n

Source:\u00a0Malay Mail Online<\/a><\/p>\n

Photo Credit: Malay Mail Online[\/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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June \u201818<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":31,"featured_media":29061,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[272],"news_month":[224],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41329"}],"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\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=41329"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41329\/revisions"}],"predecessor-version":[{"id":41332,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/41329\/revisions\/41332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29061"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=41329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=41329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=41329"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=41329"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=41329"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=41329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}