How to keep Penang humming

Land scarcity issue: Penang

PENANG’S consistent economic growth of nearly 5% every year for the past three years – nearing Malaysia’s average annual growth rate rate of about 5% – is heavily supported by its high-tech manufacturing sector.

In fact, nearly half of the state’s gross domestic product is from the manufacturing sector, with the electrical and electronics industry contributing the lion’s share to the output at 60% in 2013.