PENANG, 13 February 2025 – Digital Penang was honored to participate in the EU-Malaysia Business Day 2025, where our CEO, Ts. Ng Kwang Ming, joined industry leaders and investors for a pivotal discussion on Penang’s digital economy and the evolving cybersecurity landscape.
During the session, he emphasized Penang’s strategic role as a premier digital and investment hub for European businesses. Through forward-looking initiatives like 42Penang, the state is building a robust talent pipeline to power innovation-driven growth and bolster Penang’s digital economy. Recognizing the critical importance of cybersecurity, Penang collaborates closely with federal agencies to equip SMEs with essential tools for strengthening their digital resilience.
Penang’s longstanding partnerships with leading European multinational corporations were also highlighted, demonstrating how these collaborations drive technology transfer and industry development. As a regional leader in the Electrical & Electronics (E&E) sector, Penang continues to foster a thriving startup ecosystem, opening new avenues for collaboration, investment, and high-tech innovation.
With its skilled workforce, solid industrial foundation, and dynamic approach to digital transformation, Penang remains a prime destination for European businesses seeking sustained growth in the region. Digital Penang looks forward to deepening partnerships and accelerating Penang’s transformation into a globally connected digital hub.