Penang working with Fed Govt to attract semiconductor investment

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GEORGE TOWN: The Penang State Government is working with the Federal Government to continue efforts in attracting investment in the semiconductor sect...

: The Penang State Government is working with the Federal Government to continue efforts in attracting investment in the semiconductor sector, including the integrated circuit design segment, said Chief Minister Chow Kon Yeow.

“Moreover, the Federal Government is currently working on a Semiconductor Strategic Plan, and I understand there are plans to specialise states in specific sub-sectors, so we do not need to compete with other states but rather view this sector in the context of the nation. He was met after attending a charity luncheon for Hari Raya Aidilfitri organised by the Honorary Consulate Corps of Malaysia, which was also attended by Penang Yang Dipertua Negeri, Tun Ahmad Fuzi Abdul Razak and his wife Toh Puan Khadijah Mohd Noor, along with various consulate representatives in Penang.

Yesterday, three new semiconductor companies, namely China Wafer Level CSP Co , Ningbo SJ Electronics Co , and Wuxi AMTE Inc , expressed interest in investing in Penang, with a total investment of US$100 million .

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