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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 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 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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InvestPenang
InvestPenang
2/7/2025, 4:00:18 AM

Northeast Group Berhad (Northeast), started in 2004, serves as a one-stop solution provider, providing high precision engineering components fabrication service, including finishing and assembling for a wide range of industries including in E&E, semiconductor, photonics, telecommunication, and optoelectronic. Featuring Northeast Group Berhad in โ€œ๐‹๐จ๐œ๐š๐ฅ ๐ˆ๐๐ฌ๐ข๐ ๐ก๐ญ๐ฌโ€, click on below for more information about the company! โ€œ๐˜“๐˜ฐ๐˜ค๐˜ข๐˜ญ ๐˜๐˜•๐˜ด๐˜ช๐˜จ๐˜ฉ๐˜ต๐˜ดโ€ ๐˜ช๐˜ด ๐˜ข ๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฐ๐˜ฅ๐˜ช๐˜ค ๐˜ฆ-๐˜ฑ๐˜ถ๐˜ฃ๐˜ญ๐˜ช๐˜ค๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฃ๐˜บ ๐˜๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜—๐˜ฆ๐˜ฏ๐˜ข๐˜ฏ๐˜จ ๐˜ต๐˜ฐ ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ต๐˜ฆ ๐˜ข๐˜ธ๐˜ข๐˜ณ๐˜ฆ๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ข๐˜ฎ๐˜ฐ๐˜ฏ๐˜จ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ช๐˜ฏ๐˜ฅ๐˜ถ๐˜ด๐˜ต๐˜ณ๐˜บ ๐˜ฑ๐˜ญ๐˜ข๐˜บ๐˜ฆ๐˜ณ๐˜ด ๐˜ฐ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ข๐˜ฑ๐˜ข๐˜ฃ๐˜ช๐˜ญ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด ๐˜ฐ๐˜ง ๐˜ฉ๐˜ฐ๐˜ฎ๐˜ฆ๐˜จ๐˜ณ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ข๐˜ฏ๐˜ช๐˜ฆ๐˜ด. Read more at: https://investpenang.gov.my/northeast-group-berhad/

InvestPenang
InvestPenang
2/7/2025, 6:27:04 AM

Tact Acumen (M) Sdn. Bhd. is a highly professional manufacturing and exporting company specialising in air compressors, with a strong focus on research, development, and production. With over 30 years of expertise, the company integrates advanced technical knowledge and distributes its top-quality screw air compressors to over 100 countries and regions. The company's comprehensive product portfolio includes screw air compressors, piston air compressors, air dryers, air receiver tanks, and mainline air filters. Featuring Tact Acumen (M) Sdn. Bhd. in โ€œ๐‹๐จ๐œ๐š๐ฅ ๐ˆ๐๐ฌ๐ข๐ ๐ก๐ญ๐ฌโ€, click on below for more information about the company! โ€œ๐˜“๐˜ฐ๐˜ค๐˜ข๐˜ญ ๐˜๐˜•๐˜ด๐˜ช๐˜จ๐˜ฉ๐˜ต๐˜ดโ€ ๐˜ช๐˜ด ๐˜ข ๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฐ๐˜ฅ๐˜ช๐˜ค ๐˜ฆ-๐˜ฑ๐˜ถ๐˜ฃ๐˜ญ๐˜ช๐˜ค๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฃ๐˜บ ๐˜๐˜ฏ๐˜ท๐˜ฆ๐˜ด๐˜ต๐˜—๐˜ฆ๐˜ฏ๐˜ข๐˜ฏ๐˜จ ๐˜ต๐˜ฐ ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ต๐˜ฆ ๐˜ข๐˜ธ๐˜ข๐˜ณ๐˜ฆ๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ข๐˜ฎ๐˜ฐ๐˜ฏ๐˜จ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ช๐˜ฏ๐˜ฅ๐˜ถ๐˜ด๐˜ต๐˜ณ๐˜บ ๐˜ฑ๐˜ญ๐˜ข๐˜บ๐˜ฆ๐˜ณ๐˜ด ๐˜ฐ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ข๐˜ฑ๐˜ข๐˜ฃ๐˜ช๐˜ญ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด ๐˜ฐ๐˜ง ๐˜ฉ๐˜ฐ๐˜ฎ๐˜ฆ๐˜จ๐˜ณ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ข๐˜ฏ๐˜ช๐˜ฆ๐˜ด. Read more at: https://investpenang.gov.my/tact-acumen-m-sdn-bhd/

InvestPenang
InvestPenang
2/13/2025, 8:44:05 AM

The EU-Malaysia Business Day 2025 was held today at the Eastern & Oriental Hotel, organised by the delegation of the European Union to Malaysia in partnership with Penang State Government, EUROCHAM Malaysia and InvestPenang. With the theme โ€œPenang in Focusโ€, it underscores Penangโ€™s rising significance as a global business hub and a key gateway for trade and investment between the EU and Malaysia. This event brought together over 300 participants comprising key players from the EU and Malaysia to network and identify opportunities for advancing mutual business and investment aspirations. Penang welcomes businesses from the EU to further enhance its robust industrial ecosystem, leveraging the stateโ€™s strong infrastructure, skilled workforce, and dynamic supply chain to foster innovation and sustainable growth.

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InvestPenang
InvestPenang
2/13/2025, 9:32:38 AM

M.A.i. GmbH & Co. KG, a leading specialist for automation solutions from Kronach, Germany, held its Grand Opening Ceremony of its new production and sales location in Penang. The new site is equipped with state-of-the-art technology to develop and manufacture highly innovative automation systems, further complementing M.A.i's global network and presence in Southeast Asia. Read more at: https://investpenang.gov.my/press-release-german-automation-giant-m-a-i-launches-malaysian-hub-in-strategic-asia-push/

InvestPenang
InvestPenang
2/17/2025, 6:48:56 AM

Benchmark Penang today held its groundbreaking ceremony for its 5th facility in Penang. With an initial investment of RM110 million and spanning 215,000 square feet, PT4 will bring Benchmarkโ€™s total footprint in Penang to over 720,000 square feet. The facility will be equipped with cleanrooms, complex machining, powder painting, and advanced manufacturing technologies, enhancing its ability to support the growing demands of the semiconductor industry. This expansion is expected to be completed by June 2026 and create more than 500 job opportunities over the next five years. Read more at: https://investpenang.gov.my/press-release-benchmark-breaks-ground-on-its-5th-facility-in-penang/

InvestPenang
InvestPenang
2/18/2025, 6:29:53 AM

Advanced Semiconductor Engineering, Inc. (ASE), the world's leading provider of semiconductor manufacturing services in assembly and test, officially launches its fifth plant in Penang, Malaysia, which will expand ASE Malaysia's floor space to approximately 3.4 million square feet. This new plant will be equipped with improved manufacturing capabilities for advanced packaging technologies with the adoption of Artificial Intelligence of Things (AIoT) to enhance productivity and efficiency on the factory floor. Read more at: https://investpenang.gov.my/press-release-ase-expands-its-chip-packaging-and-testing-facility-to-enable-next-gen-applications/

InvestPenang
InvestPenang
2/19/2025, 2:01:54 AM

Penang Chief Minister Chow Kon Yeow is on a 6-day investment promotion mission to Japan from 16 to 22 February, organised by InvestPenang, aiming to renew ties and strengthen relationships with the corporate headquarters of Japanese investors in Penang, encourage the expansion of their Penang sites, and attract new investments. The team has been participating in a series of meetings and site visits with Japanese corporations in Tokyo and will be visiting Kyoto and Kumamoto for the rest of the trip. Additionally, InvestPenang will be participating as one of the exhibitors at the Kumamoto Industrial Revitalisation Expo on 20 to 21 February. Read more at: https://investpenang.gov.my/press-release-investment-promotion-mission-to-japan/

InvestPenang
InvestPenang
2/20/2025, 6:53:39 AM

5th Edition of Electronics Manufacturing Expo Asia (EMAX) 2025, 4th Edition of the Penang Manufacturing Expo (PMAX) 2025, the inaugural Semiconductor Expo Asia (SMAX) 2025, and the inaugural Asia Sustainable Factories Expo (ASFAX) 2025, Malaysiaโ€™s Largest Electronics & Semiconductor Manufacturing Expo will be held at Setia SPICE Convention Centre from 23 to 25 July. These EXPOs aim to bring together an international congregation of chip manufacturers, semiconductor manufacturers and equipment suppliers and gather in the heart of the industry in Penang, Malaysia to showcase the latest developments in the industry. Donโ€™t miss out on this unparalleled opportunity to expand your knowledge and network. To exhibit and for more information, please visit https://investpenang.gov.my/events/emax-pmax-smax-and-asfax-2025/

InvestPenang
InvestPenang
2/23/2025, 1:18:54 AM

Penang Chief Minister the Right Honorable Mr Chow Kon Yeow, alongside InvestPenang delegates, successfully concluded a six-day investment promotion mission to Japan from 16 to 22 February. The mission focused on strengthening trade and investment ties, encouraging business expansion, and attracting new investments. The delegates engaged in 15 strategic meetings with key Japanese corporations in Tokyo, Kyoto, and Kumamoto, discussing industry growth, talent development, infrastructure enhancements, and the rising demand for Japanese-made equipment driven by AI and global supply chain shifts. In addition, the delegates also paid a courtesy visit to Kumamoto Prefecture Governor, to exchange insights and explore potential collaboration in relation to the semiconductor industry. InvestPenang also participated as an exhibitor at the Kumamoto Industrial Revitalisation Expo, further promoting Penang as a premier investment destination. The mission reaffirmed Penangโ€™s commitment to strengthening economic collaboration with Japan and driving sustainable, high-tech industrial growth. Read more at: https://investpenang.gov.my/press-release-investment-promotion-mission-to-japan-2/

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