PSDC’s Role Continues to Grow as Penang Celebrates 50 Years of Industrialisation

By Ooi Tze Xiong

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PSDC Building in 1989. Photo by: PSDC.
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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Ooi Tze Xiong

a Xaverian, currently works at a multinational firm at Bayan Lepas. After years of sojourning in cities across Malaysia and Singapore, he eventually decided to call Penang home.