InvestPenang
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About InvestPenang
Established on 5th November 2004, InvestPenang is a non-profit entity under Penang State Government with the primary purpose of promoting investments in Penang. Its objectives are to develop and sustain Penangโs 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 realise its objectives, InvestPenang runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). Follow us to stay updated with latest news, announcements and events.
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Posts
Looking to deepen your ESG knowledge and stay competitive in the market? Hereโs your opportunity! Fuller Academy, with the support of InvestPenang, presents an intensive and application-focused workshop titled โMastering ESG: Building Strategic Roadmaps for Sustainability.โ This workshop is specially designed for Penangโs forward-thinking business leaders who aim to turn sustainability imperatives into strategic advantages. As part of our commitment to strengthening Penangโs business capabilities, we are pleased to offer an exclusive 30% discount for participants registering through the InvestPenang network. Workshop Details: โข Date: Thursday, June 19, 2025 โข Time: 9:00 AM โ 6:00 PM โข Venue: Iconic Hotel, Bukit Mertajam, Penang โข Price: RM 1,260 per participant (30% savings and HRD Corp Claimable) The program moves systematically through ESG fundamentals, environmental sustainability metrics, social sustainability frameworks, governance requirements, leadershipโs critical role, strategy development, implementation roadmapping, and emerging ESG trends. Read more at: https://investpenang.gov.my/events/mastering-esg-building-strategic-roadmaps-for-sustainability/
The โDoing Business with Finland - Advancing Sustainable Technologies in Penangโ event took place today at the Eastern & Oriental Hotel, organised by Team Finland Malaysia in collaboration with InvestPenang as a Supporting Partner. The event was attended by Hon. Mr. Ville Tavio, Minister for Foreign Trade and Development of Finland. Dato' Loo Lee Lian, CEO of InvestPenang, was invited to present about Penang's industrial landscape and ongoing state initiatives towards high-value sectors. The event brought together more than 100 attendees, including over 20 Finnish business delegates and key industry players from Penang.
๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ โ ๐๐ก๐๐ญโ๐ฌ ๐ ๐๐ซ๐๐ฉ! ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐๐๐ง๐๐ง๐ ๐๐ง๐ ๐๐๐ง๐๐ง๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง ๐๐๐ฌ๐ข๐ ๐ง @๐๐ค๐ฆ+ were proud to exhibit at SEMICON SEA 2025 held at Sands Expo & Convention Centre, Singapore from 20โ22 May. Event Highlights: ๐น Ong Mee Choo, Program Director of Penang Silicon Design @5km+, spoke at the ๐๐ ๐๐๐ฌ๐ข๐ ๐ง ๐๐ญ๐๐ ๐, sharing how Penang is powering up to become a world-class IC design hub through the @5km+ initiative. ๐น Datoโ Loo Lee Lian, CEO of InvestPenang, attended a ๐ฉ๐ซ๐ข๐ฏ๐๐ญ๐ ๐ฅ๐ฎ๐ง๐๐ก๐๐จ๐ง ๐ก๐จ๐ฌ๐ญ๐๐ ๐๐ฒ ๐๐๐๐ ๐๐ง๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง ๐๐ฌ๐ฅ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ, strengthening key industry relationships. ๐น InvestPenang and Penang-based companies at the Netherlands Pavilion, ๐๐ง๐ ๐๐ ๐ข๐ง๐ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ญ๐๐ก ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฅ๐๐๐๐๐ซ๐ฌ to explore new business opportunities. ๐น We were deeply honoured to receive the "๐ ๐ซ๐ข๐๐ง๐ ๐จ๐ ๐๐๐๐" ๐ซ๐๐๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง โ a testament to our strong collaboration with SEMI Southeast Asia in growing the regionโs semiconductor ecosystem. ๐น At ๐ก๐๐ง๐๐ฌ๐ก๐๐ค๐@๐๐๐๐๐๐๐, co-hosted with Kulim Technology Park Corporation (KTPC), we spotlighted Penang and KTPC as the driving force behind Malaysiaโs Northern Semiconductor Belt โ home to world-class infrastructure, skilled talent, and a mature supply chain. ๐ A heartfelt thank you to everyone who visited and engaged with us alongside with our local IC Design players - Filpal, Infinecs Lab, Oppstar, SkyeChip, Silicon X and Sophic Automation. ๐ See you next at ๐๐๐๐๐๐๐๐ ๐๐๐ฅ๐๐ฒ๐ฌ๐ข๐ ๐ข๐ง ๐๐๐ง๐๐ง๐ , happening ๐๐โ๐๐ ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐! SEMI SEA #SEMI #SEMICON #SEMICONSEA2025 #psd5km #penangsilicondesign #InvestPenang #ICDesign #PenangICDesignHubย #NSSย #NIMP2030
๐๐ง๐ฏ๐๐ฌ๐ญ๐๐๐ง๐๐ง๐ ๐๐ข๐ฌ๐ข๐ญ๐ฌ ๐๐ฉ๐๐ง ๐๐ โ Empowering the Penang Silicon Design @5km+ Ecosystem Strategically located within Penang IC Design & Digital Park, Open DC provides robust, scalable, and secure data center services that support the high-performance computing and connectivity needs of semiconductor design companies and tech players in the area. Our visit highlighted Open DCโs critical role in powering the digital backbone of Penangโs fast-growing tech ecosystem. As we continue to position Penang as a premier destination for advanced technology investments, infrastructure partners like Open DC are instrumental in creating a seamless and future-ready environment. #InvestPenang #OpenDC #PSD5KM #penangsilicondesign #DigitalInfrastructure #DataCenter #TechEcosystem #Semiconductor #PenangInvestments #Innovation #MalaysiaTech #PenangSemiconductor #ICDesign
