PSDC’s Role Continues to Grow as Penang Celebrates 50 Years of Industrialisation
By Ooi Tze Xiong
August 2022UPSKILLING FOR THE FUTURE
IT WAS IN August 1972 that then-Chief Minister of Penang Dr Lim Chong Eu stood in the paddy fields of Bayan Lepas and oversaw the groundbreaking ceremony which marked the start of the Bayan Lepas Free Industrial Zone (FIZ).It was Penang’s first tentative steps towards high-tech industrialisation. Chief Minister Lim sought to steer the state away from its dependence on maritime trade – an Achilles’ heel made stark by the economic upheaval at the time.By 1969, Penang had lost its...
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