GEORGE TOWN, Sept 24 — The Penang Development Corporation (PDC) is showcasing RM5 billion worth of development projects at the World Expo 2025 in Osaka, Japan, to attract new investment and position the state as a regional hub for high-tech and sustainable development.
Speaking after the launch of “Penang Week” at the Malaysia Pavilion, Chief Minister Chow Kon Yeow said these projects are part of PDC’s 2024-2028 strategic plan and are ready for investors.
“Among the projects showcased are The Coast, a sustainable RM839 million waterfront landmark, and the Penang Linear Waterfront, a RM9.8 billion seaside promenade project,” Chow said in a virtual press conference.
Other key projects include the Penang International Logistics Aeropark (PILA) and Medi-City in Bandar Cassia.
Speaking after the launch of “Penang Week” at the Malaysia Pavilion, Chief Minister Chow Kon Yeow said these projects are part of PDC’s 2024-2028 strategic plan and are ready for investors.
“Among the projects showcased are The Coast, a sustainable RM839 million waterfront landmark, and the Penang Linear Waterfront, a RM9.8 billion seaside promenade project,” Chow said in a virtual press conference.
Other key projects include the Penang International Logistics Aeropark (PILA) and Medi-City in Bandar Cassia.
“We have brought three of our homegrown IC design leaders to join investment seminars and attend matchmaking sessions with investors in Japan,” Chow said, referring to Tenasic, SiliconX, and SkyeChip.
Reinforcing the state’s logistics ambitions, PDC also signed two separate memorandums of understanding (MoU) with Federal Express Services (M) Sdn Bhd (FedEx) and DHL Express (Malaysia) Sdn Bhd.
“We have brought three of our homegrown IC design leaders to join investment seminars and attend matchmaking sessions with investors in Japan,” Chow said, referring to Tenasic, SiliconX, and SkyeChip.
Reinforcing the state’s logistics ambitions, PDC also signed two separate memorandums of understanding (MoU) with Federal Express Services (M) Sdn Bhd (FedEx) and DHL Express (Malaysia) Sdn Bhd.
Reference : Penang courts Japanese investment with RM5b project showcase, inks logistics MOUs at Osaka Expo | Malay Mail