The Creative Digital District (CD²@GeorgeTown) — Engineering the Next Phase in the Development of Penang
By Tony Yeoh
August 2022TECH WATCH
WITH AN IMPRESSIVE 50 years of industrialisation, Penang has carved itself a nickname as the Silicon Valley of the East. Today, the state has 10 industrial parks, making up a robust high-tech manufacturing ecosystem in semiconductors, medical devices, automotive electronics, avionics and many electrical and electronics related sectors. The other engine of Penang’s economy is more services-oriented and tourism-based; this suffered a bad hit during the pandemic over the last two years.Despite this solid growth, the foreign direct investment (FDI)...
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