Press Release on Penang downsizes investment for 2012, emphasising higher paying jobs

November 10, 2011

 

November 10  - Penang Chief Minister, Lim Guan Eng at investPenang’s Board of Directors Meeting agreed to go for lower investments next year but asserted that the investments must be complemented by more higher paying jobs.

Lim explained that the Penang economy which is presently 50% dominated by the manufacturing sector should have a shift towards greater contribution from the...

Press Release on the Announcement on IHS Investment in Penang

22 September 2011





US-based IHS Complementing Penang’s BPO Hub

Penang’s position as a Business Process Outsourcing (BPO) hub will be further enhanced with the establishment of an APAC Centre of Excellence (CoE) by IHS Inc. (NYSE: IHS).  US-based IHS is the leading source of information and insight in critical areas that shape today’s business landscape, including: energy & power; design & supply chain...

Speech by the Rt. Hon. Chief Minister of Penang, Mr Lim Guan Eng "Announcement by Boon Siew Honda on their Expansion Plan" September 22, 2011 at the Chief Minister Office, Level 28, Komtar

 

Good morning

Mr. Satoshi Okada, Managing Director and CEO Boon Siew Honda and Senior officials

Dato’ Lee Kah Choon, Chairman of the Executive Committee of the Board of investPenang

Dato’ Rosli Jaafar, General Manager of Penang Development Corporation (PDC)

Puan Maimunah bt Mohd Sharif, Mayor of...

Speech by Penang Chief Minister, the Right Honourable Mr Lim Guan Eng

Penang Investment Seminar on September 13, 2011 at Rasa Sayang Hotel

 

Powering Penang’s Investment by Transforming into an International and Intelligent City

Penang embarked on its industrialisation process back in the early 1970s to revitalise the State’s economy after the late 1960s doldrums, a result of the withdrawal of its free port status by the Federal Government.

Since then, industrialisation had, in...