Penang working with fed govt to attract semiconductor investment, says CM

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Federal Government News

Penang State Government,Chow Kon Yeow,Semiconductor Industry

GEORGE TOWN, April 28 — The Penang state government is working with the federal government to continue efforts in attracting investment in the semiconductor sector, including...

Penang should learn from Selangor on how to go from backend chip manufacturing to front-end design work, says Guan Eng

He said that Penang will also continue with various investments to complete the ecosystem and supply chain, as the semiconductor field is extensive and involves many sub-sectors, such as ICs. Chow said this in response to former Finance Minister Lim Guan Eng’s suggestion that Penang should learn from Selangor’s success in establishing the Malaysia Semiconductor Accelerator and IC Design Park.Therefore, Chow said that the state government will arrange a meeting with Lim, who is also a former Chief Minister of Penang, as well as with Invest Penang and the Penang Development Corporation to hear proposals on an IC park in the state.

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