After 50 Years: No Slowing Down in Penang’s Industrialisation
By Ong Wooi Leng
August 2022COVER STORY
THE PLAN TO establish Penang as a manufacturing hub was initiated in the early ’60s under the first Chief Minister of Penang, Wong Pow Nee, following the recommendation of the 1964 Munro Report – Penang’s first development master plan. Penang’s earliest industrial estates were set up in Province Wellesley and infrastructure provisions were made to attract capital investment to the mainland.Unfortunately, this attempt, aggravated by the complete loss of Penang’s free port status and problems with the import-substitution industrialisation strategy,...
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