Malaysia is an attractive market with strong economic fundamentals. Its GDP was RM1.35 trillion (S$445 billion) in 2017, a 5.9% increase from 2016. This marks the seventh year that Malaysia has enjoyed GDP growth of above 4%.
In addition, Penang’s diversified economy presents business opportunities in many industries. Capitalize on Penang’s focus on high-value foreign investments to find opportunities for your business in healthcare, manufacturing, services, tourism, or transport.
Penang is well known for our strength in high-tech manufacturing. Building on top of that, we will focus to enhance the local enterprise ecosystem to go digital and international by leveraging on digitalization and automation.