Penang semiconductor hub project to get RM50mil federal support

By IMRAN HILMY

Nation
Saturday, 07 Dec 2024
11:36 AM MYT

GEORGE TOWN: The Penang Silicon Design @5km initiative has received significant backing with Prime Minister Datuk Seri Anwar Ibrahim's approval of RM50mil for the programme.

Anwar stated that the allocation is crucial to positioning Penang and Malaysia as a regional hub for the semiconductor industry, particularly in global IC Design and AI.

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Tags / Keywords: Penang Silicon Design , RM50 Million , Anwar Ibrahim , Semiconductor Hub , IC Design , AI Development , InvestPenang , Economic Growth , NIMP 2030 , Global Technological Innovation

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