During the 1970s, Penang’s industrial sector helped transform the state’s economy, providing in the process a blueprint for Malaysia’s rapid industrialisation. Since then, industry and Penang have been intricately linked. When the new state government took charge two years ago, observers expressed concern that politics and fragile federal-state relations would have an adverse effect on Penang’s ability to continue to attract investments. In an interview with Penang Economic Monthly, Invest Penang’s executive committee chairman, Datuk Lee Kah Choon, elaborates on the organisation’s growing role and how it now offers existing and potential investors value-added services.
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- March 2010
- Penang’s Success is Malaysia’s Success

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How industrial is Penang?
5 min read
What is the growth potential of industrial investments?Everybody knows that output can only come with inputs. Factory operations rely not only on labour and r...
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Capital Movements and Penang’s Manufacturing Sector
11 min read
Business news in the past few months has highlighted concerns about capital flight, but the direction of capital movement being experienced has been taken into account, as a contingency, as part of a monetary policy designed and adopted by Bank Negara Malaysia.
by
Chan Huan Chiang
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