A one step agency providing
comprehensive information on
Penang’s investment opportunities
and facilitating businesses on setting up.

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Penang’s Exports Value (2022)

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Penang’s Trade Surplus Value (2022)

RM 0 billion

Penang’s Total Manufacturing Investment Value (2022)

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
Bustling Ecosystem
Conducive business environment with strong and growing clusters
Multifaceted & Sustainable Talents
Multifaceted & Sustainable Talents
Industry ready and innovative multilingual talent pool
Robust Economy
Robust Economy
Recording the highest GDP and top exporter in Malaysia
Competitiveness
Competitiveness
More than 50 years of industrial experience with robust supply chain
Accessibility & Infrastructure
Accessibility & Infrastructure
Established industrial parks and well-connectivity to major cities globally
Liveable City
Liveable City
Work-live-play balanced with diversified culture, food and lifestyle
Opportunities

We create opportunities &
help you get where you need

Electrical & Electronics

The electrical and electronics (E&E) industries in Malaysia aims to strengthen the available ecosystem especially in the area of semiconductor, solar energy, light emitting diodes (LED)…

Medical Devices

The medical devices ecosystem in Penang comprises a wide spectrum of sub-sectors including but not limited to consumables, implants & surgical instruments, and healthcare equipment.

Precision Engineering & Equipment

This sector mainly covers the engineering and manufacturing of precision tools and equipment for various industrial applications, including…

Aerospace / Avionics

With SAM Engineering & Equipment taking a prominent presence here in the State together with few..

Other Industries

In addition to the major sectors, Penang also actively promote investment in halal food, logistics, packaging and furniture.

Penang, the Silicon Valley of the East

Service 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

Penang houses more than 30 institutes of higher learning & technical training centers.

Meetings, Incentives, Conferences & Exhibitions (MICE)

Penang has hosted numerous premier international events and expos.

Healthcare & Wellness

Penang is known for its availability of world-class medical services and facilities internationally.

Digital Economy Opportunities

Ride on The Wave
of Penang’s Blooming
Digital Economy

Global Business Services (GBS)

GBS is centralizing work from any global location to optimize 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.

Play The Future Is Here

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