In 2024, Penang drew RM17.3bil in approved manufacturing investments, according to InvestPenang. — CHAN BOON KAI/The Star
As geopolitical risks, trade tensions and nearshoring trends reshape the global supply chain map, Penang is stepping up as South-East Asia’s most resilient and strategically positioned industrial and logistics hub.
Once celebrated purely for its rich heritage and cultural charm, Penang is now gaining global attention for a different reason. Its role as a stabilising force in the new world of fragmented supply chains.
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