InvestPenang

InvestPenang Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from InvestPenang, Government Organization, Relau.

Established on 5th November 2004, InvestPenang is a non-profit entity under Penang State Government with the primary purpose of promoting investments in Penang. As the principal investment promotion agency of the State, its objectives are to develop and sustain Penangโ€™s economy by enhancing and continuously injecting business activities in the State through foreign and local investments, including

the spawning of viable new growth centres. To support the realization of its objectives, InvestPenang also runs initiatives like SMART Centre (to assist SMEs), Penang CAT Centre (to assist talents) and i4.0 seed fund (to elevate start-up ecosystem).

โณ 28 Aug 2026 | ATE Connect Friday๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐Œ๐๐‚๐ฌ ๐š๐ง๐ ๐ฅ๐จ๐œ๐š๐ฅ ๐€๐“๐„ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ญ๐จ ๐œ๐ซ๐ž๐š๐ญ๐ž ๐ฆ๐จ๐ซ๐ž ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซ ๐œ๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ข๐จ๐ง...
20/08/2026

โณ 28 Aug 2026 | ATE Connect Friday

๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ง๐  ๐Œ๐๐‚๐ฌ ๐š๐ง๐ ๐ฅ๐จ๐œ๐š๐ฅ ๐€๐“๐„ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ญ๐จ ๐œ๐ซ๐ž๐š๐ญ๐ž ๐ฆ๐จ๐ซ๐ž ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซ ๐œ๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐ฅ๐จ๐œ๐š๐ฅ๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง.

As part of the Penang ATE Campus initiative, ATE Connect Friday is a monthly industry networking platform that brings together MNCs and local ATE companies to exchange industry needs, showcase capabilities and explore potential collaborations.

This session will focus on:
๐Ÿ”น MNC localisation requirements, technology challenges and supplier opportunities
๐Ÿ”น Innovative technologies and advanced manufacturing capabilities from local ATE companies
๐Ÿ”น MNCโ€“local ATE collaboration through industry sharing and roundtable discussions
๐Ÿ”น Stronger industry connections through plant visits and networking

Through ATE Connect Friday, we aim to create more meaningful connections between industry needs and local capabilities, and support the continued growth of Penangโ€™s ATE ecosystem.

๐Ÿ“Œ By invitation only and limited to pre-qualified participants.

InvestPenang was honoured to be a strategic partner of the Securities Commission Malaysiaโ€™s โ€œ๐๐จ๐ฐ๐ž๐ซ๐ข๐ง๐  ๐’๐ž๐ฆ๐ข๐‚๐จ๐ง๐ฌ โ€“ ๐…๐ข๐ง๐š๐ง๐œ๐ข...
19/08/2026

InvestPenang was honoured to be a strategic partner of the Securities Commission Malaysiaโ€™s โ€œ๐๐จ๐ฐ๐ž๐ซ๐ข๐ง๐  ๐’๐ž๐ฆ๐ข๐‚๐จ๐ง๐ฌ โ€“ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐ง๐  ๐˜๐จ๐ฎ๐ซ ๐๐ž๐ฑ๐ญ ๐๐ซ๐ž๐š๐ค๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐กโ€ event held in Penang today.

InvestPenang also joined a panel discussion, โ€œ๐€๐๐ฏ๐š๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ฅ๐š๐ฒ๐ฌ๐ข๐šโ€™๐ฌ ๐’๐ž๐ฆ๐ข๐œ๐จ๐ง๐๐ฎ๐œ๐ญ๐จ๐ซ ๐„๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ: ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, ๐๐จ๐ฅ๐ข๐œ๐ฒ ๐š๐ง๐ ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ง๐š๐›๐ฅ๐ž๐ซ๐ฌ,โ€ sharing perspectives on how stronger collaboration between industry, policymakers and the capital markets can unlock greater opportunities for Malaysiaโ€™s semiconductor ecosystem.

Key suggestions highlighted during the session include:
๐Ÿ’ก ๐๐ซ๐ข๐๐ ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐š๐ฉ ๐›๐ž๐ญ๐ฐ๐ž๐ž๐ง ๐œ๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ by strengthening understanding of the technology industry.
๐Ÿ’ก ๐†๐ซ๐จ๐จ๐ฆ๐ข๐ง๐  ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ-๐ซ๐ž๐š๐๐ฒ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ with clear technology propositions, commercialisation plans and growth roadmaps.
๐Ÿ’ก ๐ƒ๐ž-๐ซ๐ข๐ฌ๐ค๐ข๐ง๐  ๐ž๐š๐ซ๐ฅ๐ฒ-๐ฌ๐ญ๐š๐ ๐ž ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ, where government may provide financial support to validate technology feasibility and reduce risks during the ideation and development stages.
๐Ÿ’ก ๐๐ซ๐ข๐ง๐ ๐ข๐ง๐  ๐œ๐š๐ฉ๐ข๐ญ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ญ๐จ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ to improve accessibility and enable more meaningful engagement with semiconductor companies in Penang.

A big thank you to the Securities Commission Malaysia for coming to Penang and sharing the funding opportunities available through the capital markets with the semiconductor industry.

Companies exploring funding opportunities are strongly encouraged to learn more about the ๐๐ˆ๐Œ๐ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐‚๐จ-๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐…๐ฎ๐ง๐ (๐๐ˆ๐Œ๐ ๐‚๐จ๐’๐ˆ๐…).

Learn more about NIMP CoSIF: https://www.capitalmarketsmalaysia.com/nimp-cosif/

๐๐ž๐ง๐š๐ง๐  ๐‚๐š๐ซ๐›๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐…๐จ๐ซ๐ฎ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” Jointly organised by the Malaysia Carbon Market Association (MCMA) and Bursa Carbon Exch...
17/08/2026

๐๐ž๐ง๐š๐ง๐  ๐‚๐š๐ซ๐›๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐…๐จ๐ซ๐ฎ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”

Jointly organised by the Malaysia Carbon Market Association (MCMA) and Bursa Carbon Exchange (BCX), with the support of the Penang Green Council (PGC) and Penang State Government alongside InvestPenang as a publicity partner.

This forum aims ๐ญ๐จ ๐›๐ซ๐ข๐ง๐  ๐ญ๐จ๐ ๐ž๐ญ๐ก๐ž๐ซ ๐ฉ๐จ๐ฅ๐ข๐œ๐ฒ๐ฆ๐š๐ค๐ž๐ซ๐ฌ, ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ, ๐œ๐š๐ซ๐›๐จ๐ง ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ž๐ซ๐ฌ, ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐จ๐ซ๐ฌ, ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐ข๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐จ๐ญ๐ก๐ž๐ซ ๐ค๐ž๐ฒ ๐ฌ๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐ญ๐จ ๐๐ข๐ฌ๐œ๐ฎ๐ฌ๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐œ๐š๐ซ๐›๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ญ๐จ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ ๐š๐ง๐ ๐ฌ๐ญ๐ซ๐ž๐ง๐ ๐ญ๐ก๐ž๐ง ๐Œ๐š๐ฅ๐š๐ฒ๐ฌ๐ข๐šโ€™๐ฌ ๐œ๐š๐ซ๐›๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ž๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ.

Date: 27 August 2026
Time: 8.00am โ€“ 5.00pm
Venue: Olive Tree Hotel, Penang

๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โœ…Introduction to the Malaysia Carbon Market Association (MCMA) and Fundamentals of Carbon Market
โœ…Status of Carbon Market in Malaysia and Introduction to Bursa Carbon Exchange (BCX)
โœ…Case Study: Introduction to the Malaysia Grouped Biomass Waste Recovery and Utilization Project
โœ…Understanding Project Life Cycle, Developing Carbon Projects, Challenges and Best Practices
โœ…Updates from Verra: Methodologies, Integrity, Reforms and What They Mean for Penang
โœ…Carbon Project Opportunities Relevant to Penang

Registration is open until ๐Ÿ๐Ÿ ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”. Please visit https://investpenang.gov.my/events/penang-carbon-market-forum-2026/ for more information.

The ๐Ÿ’๐Ÿ–๐ญ๐ก ๐†๐ฅ๐จ๐›๐š๐ฅ ๐„๐๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐–๐จ๐ซ๐ฅ๐ ๐€๐ˆ ๐’๐ก๐จ๐ฐ (๐–๐€๐ˆ๐’) is back in Malaysia this year, with InvestPenang as one of the supportin...
17/08/2026

The ๐Ÿ’๐Ÿ–๐ญ๐ก ๐†๐ฅ๐จ๐›๐š๐ฅ ๐„๐๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐–๐จ๐ซ๐ฅ๐ ๐€๐ˆ ๐’๐ก๐จ๐ฐ (๐–๐€๐ˆ๐’) is back in Malaysia this year, with InvestPenang as one of the supporting partners.

WAIS aims to serve as a ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ฉ๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐Ÿ๐จ๐ซ ๐จ๐ซ๐ ๐š๐ง๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐ž๐ง๐ ๐š๐ ๐ž ๐ฐ๐ข๐ญ๐ก ๐ค๐ž๐ฒ ๐ฌ๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐€๐ˆ ๐š๐๐จ๐ฉ๐ญ๐ข๐จ๐ง, ๐๐ข๐ ๐ข๐ญ๐š๐ฅ ๐ญ๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ž๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐ข๐ง๐ข๐ญ๐ข๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐š๐œ๐ซ๐จ๐ฌ๐ฌ ๐ญ๐ก๐ž ๐’๐จ๐ฎ๐ญ๐ก๐ž๐š๐ฌ๐ญ ๐€๐ฌ๐ข๐š ๐ซ๐ž๐ ๐ข๐จ๐ง.

๐ƒ๐š๐ญ๐ž: 9 September โ€“ 10 September 2026
๐•๐ž๐ง๐ฎ๐ž: DoubleTree by Hilton Kuala Lumpur

The event will feature:
โ€ข High-level government and policy discussions on AI adoption and regulation
โ€ข Enterprise AI use cases and digital transformation success stories
โ€ข AI startups and innovation showcase
โ€ข Investor and venture capital engagement opportunities
โ€ข Thought leadership sessions featuring global AI experts
โ€ข Curated networking opportunities with decision-makers and industry leaders

Kindly register before ๐Ÿ๐ŸŽ ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” to be entitled for the discounted price.

For more information, please visit https://investpenang.gov.my/events/world-ai-show-wais-2026-malaysia/

๐ˆ๐ง๐ญ๐ฎ๐ข๐ญ๐ข๐ฏ๐ž, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (RAS), toda...
14/08/2026

๐ˆ๐ง๐ญ๐ฎ๐ข๐ญ๐ข๐ฏ๐ž, a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery (RAS), today announced that it has entered into a lease agreement with Penang Development Corporation - PDC for its new manufacturing facility in Bandar Cassia Technology Park, Penang, Malaysia.

The new 316,000-square-foot facility is expected to commence operations in 2028 and create 1,200 highly skilled jobs by 2032. The facility will manufacture surgical instruments and electromechanical devices for Intuitive's da Vinci surgical system, strengthening the company's global manufacturing network while bringing production closer to customers across the Asia Pacific region, where demand for robotic-assisted surgery continues to grow.

Read more at: https://investpenang.gov.my/press-release-intuitive-expands-manufacturing-footprint-in-asia-pacific-with-new-facility-in-penang-malaysia/

InvestPenang was pleased to pay a ๐œ๐จ๐ฎ๐ซ๐ญ๐ž๐ฌ๐ฒ ๐ฏ๐ข๐ฌ๐ข๐ญ to ๐˜๐ ๐ƒ๐š๐ญ๐จโ€™ ๐ƒ๐ซ. ๐‰๐š๐Ÿ๐ซ๐ข ๐€๐›๐๐ฎ๐ฅ ๐‰๐š๐ฅ๐ข๐ฅ, the newly appointed ๐’๐ญ๐š๐ญ๐ž ๐’๐ž๐œ๐ซ๐ž๐ญ๐š๐ซ๐ฒ ...
13/08/2026

InvestPenang was pleased to pay a ๐œ๐จ๐ฎ๐ซ๐ญ๐ž๐ฌ๐ฒ ๐ฏ๐ข๐ฌ๐ข๐ญ to ๐˜๐ ๐ƒ๐š๐ญ๐จโ€™ ๐ƒ๐ซ. ๐‰๐š๐Ÿ๐ซ๐ข ๐€๐›๐๐ฎ๐ฅ ๐‰๐š๐ฅ๐ข๐ฅ, the newly appointed ๐’๐ญ๐š๐ญ๐ž ๐’๐ž๐œ๐ซ๐ž๐ญ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐๐ž๐ง๐š๐ง๐ .

During the meeting, InvestPenang shared an overview of Penangโ€™s economic and investment landscape, as well as key industrial initiatives led by InvestPenang to support the Stateโ€™s continued industrial and economic growth.

The meeting also provided an opportunity to exchange views on Penangโ€™s development priorities and areas of collaboration moving forward.

InvestPenang warmly welcomes YB Datoโ€™ Dr. Jafri to his new role and looks forward to working closely together in advancing Penangโ€™s continued growth and development.

13/08/2026

๐Ÿš€ ๐˜๐จ๐ฎ๐ซ ๐๐š๐ญ๐ก๐ฐ๐š๐ฒ ๐ญ๐จ ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง
Empowering IC design companies from silicon to market.

The ๐’๐ก๐š๐ซ๐ž๐ ๐‹๐š๐› @ ๐๐’๐ƒ@๐Ÿ“๐Š๐Œ+ ๐’๐ข๐ฅ๐ข๐œ๐จ๐ง ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐ˆ๐ง๐œ๐ฎ๐›๐š๐ญ๐ข๐จ๐ง ๐’๐ฉ๐š๐œ๐ž provides the infrastructure and expertise to help IC design companies move seamlessly from ๐๐ž๐ฌ๐ข๐ ๐ง ๐ญ๐จ ๐ฏ๐š๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐จ๐ง๐ฐ๐š๐ซ๐ ๐ญ๐จ ๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง.

๐–๐ก๐š๐ญ ๐ญ๐ก๐ž ๐’๐ก๐š๐ซ๐ž๐ ๐‹๐š๐› ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ฌ:
* Post-silicon IC validation & characterisation facilities
* Access to industrial test & measurement equipment
* Expert technical support for your silicon journey
* Collaborative ESD environment and shared infrastructure
* Secure, controlled access to shared lab space for immediate & short-term validation needs

Whether you are validating your working silicon, characterising your IC design, or preparing for your next product milestone, the Shared Lab provides the facilities and expert support to help accelerate your progress.

The facility is ๐จ๐ฉ๐ž๐ง ๐ญ๐จ ๐ˆ๐‚ ๐๐ž๐ฌ๐ข๐ ๐ง ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ & ๐ฌ๐ž๐ฆ๐ข๐œ๐จ๐ง๐๐ฎ๐œ๐ญ๐จ๐ซ ๐ฌ๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ๐ฌ, providing access to shared infrastructure and technical support to support the growth of the IC design ecosystem.

๐Ÿ“ ๐‹๐จ๐œ๐š๐ญ๐ž๐ ๐š๐ญ ๐†๐๐’ ๐“๐ž๐œ๐ก๐’๐ฉ๐š๐œ๐ž ๐Ÿ๐…, ๐ฎ๐ง๐๐ž๐ซ ๐๐ž๐ง๐š๐ง๐  ๐’๐ข๐ฅ๐ข๐œ๐จ๐ง ๐ƒ๐ž๐ฌ๐ข๐ ๐ง @๐Ÿ“๐Š๐Œ+ (๐๐’๐ƒ@๐Ÿ“๐Š๐Œ+).

๐Ÿค ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐‚๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐จ๐ซ๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ ๐‘๐ž๐ง๐ญ, Contacthings, Keysight, ๐Œ๐ˆ๐Œ๐Ž๐’ ๐๐ž๐ซ๐ก๐š๐, ๐š๐ง๐ ๐ฆ๐จ๐ซ๐ž.

๐…๐ซ๐จ๐ฆ ๐๐ž๐ฌ๐ข๐ ๐ง. ๐“๐จ ๐ฏ๐š๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง. ๐“๐จ ๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ๐ข๐ฌ๐š๐ญ๐ข๐จ๐ง.



Ong Mee Choo, Windy Lai

Today, the Penang ATE Campus Steering Committee Members met with Malaysia Airports in Kuala Lumpur to showcase Penangโ€™s ...
12/08/2026

Today, the Penang ATE Campus Steering Committee Members met with Malaysia Airports in Kuala Lumpur to showcase Penangโ€™s automation capabilities and explore opportunities to contribute to Malaysiaโ€™s airport automation ecosystem.

We are grateful to YB Liew Chin Tong, Deputy Minister of Finance, for organising and chairing the meeting.

We presented capabilities in automated baggage handling, vision-based security inspection, smart storage, asset tracking, logistics automation, industrial IoT, and predictive maintenance.

A key outcome was an invitation for Malaysia Airports to visit Penang in late August to explore the capabilities of our local ATE companies.

Penang is ready to bring its automation capabilities to Malaysiaโ€™s airports.

Sophic Automation Sdn Bhd, Aemulus Corporation Sdn Bhd

InvestPenang was recently interviewed by The Business Times on ๐๐ž๐ง๐š๐ง๐ โ€™๐ฌ ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐Œ๐ž๐๐“๐ž๐œ๐ก ๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐š๐ง๐ ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ญ๐žโ€™๐ฌ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฌ ๐ญ...
11/08/2026

InvestPenang was recently interviewed by The Business Times on ๐๐ž๐ง๐š๐ง๐ โ€™๐ฌ ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐Œ๐ž๐๐“๐ž๐œ๐ก ๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐š๐ง๐ ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ญ๐žโ€™๐ฌ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฌ ๐ญ๐จ ๐š๐ญ๐ญ๐ซ๐š๐œ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ก๐ข๐ ๐ก-๐ฏ๐š๐ฅ๐ฎ๐ž, ๐ฅ๐จ๐ง๐ -๐ญ๐ž๐ซ๐ฆ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ.

Penangโ€™s MedTech journey is built on the same strengths that have powered its semiconductor success โ€” a strong engineering talent pool, precision manufacturing capabilities and a well-established supplier ecosystem.

While AI-related investments remain a priority, Penang is also building on its existing strengths to diversify its advanced manufacturing ecosystem, particularly in the life sciences and MedTech industries.

Read the full interview in The Business Times: https://www.businesstimes.com.sg/international/asean/penang-looks-beyond-chips-bigger-medtech-push

The Malaysian state is scaling up its high-margin play in the sector to lock in long-term investment Read more at The Business Times.

Honoured to welcome YB Akmal Nasir, Minister of Economy Malaysia (KE), together with ๐˜๐๐ก๐ . ๐ƒ๐š๐ญ๐จโ€™ ๐“๐ฌ. ๐•. ๐•๐š๐ฅ๐ฅ๐ฎ๐ฏ๐š๐ง ๐š/๐ฅ ๐•๐ž๐ฅ...
11/08/2026

Honoured to welcome YB Akmal Nasir, Minister of Economy Malaysia (KE), together with ๐˜๐๐ก๐ . ๐ƒ๐š๐ญ๐จโ€™ ๐“๐ฌ. ๐•. ๐•๐š๐ฅ๐ฅ๐ฎ๐ฏ๐š๐ง ๐š/๐ฅ ๐•๐ž๐ฅ๐จ๐จ, Deputy Secretary-General (Macro), ๐๐ฎ๐š๐ง ๐™๐š๐ข๐ญ๐จ๐ง, ๐๐ฎ๐š๐ง ๐๐จ๐ซ๐ฆ๐š๐ฒ๐š and the KE leadership team on their first visit to the Silicon Research & Incubation Space @ GBS TechSpace, accompanied by InvestPenang CEO, ๐ƒ๐š๐ญ๐จโ€™ ๐’๐ž๐ซ๐ข ๐‹๐จ๐จ ๐‹๐ž๐ž ๐‹๐ข๐š๐ง.

The visit offered a closer look at Penang Silicon Design + (PSD@5KM+), with Programme Director Ong Mee Choo sharing insights into the facilities and key programmes under the initiative, with support from KE, and how these efforts are contributing to the development of Malaysiaโ€™s IC design ecosystem.

A key highlight was seeing our incubatees โ€” FILPAL, Infinecs Systems Sdn. Bhd. and ๐’๐ค๐ฒ๐ž๐‚๐ก๐ข๐ฉ โ€” showcase their IP, chips, prototypes and design wins.

Beyond the technology showcase, discussions explored the opportunities and challenges in scaling local IC design companies, with technical capabilities continuing to develop alongside the need for greater access to growth capital and global market opportunities.

At InvestPenang, the commitment remains to work closely with KE and ecosystem partners to address these needs and create stronger pathways for homegrown IC design champions to scale and compete globally.

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