The Winning Formula: Why Investors Choose Penang

By Rosalind Chua

April 2011 COVER STORY
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The impressive flow of foreign investments into Penang in recent times tells us undeniably that the state has things going for it. Most notably, it seems able to compete well for investments that do not feel comfortable being in China. Multinational corporations (MNCs) today are known to implement a “China + One” strategy, putting money into a secondary site to offset the disadvantages China suffers from. Penang benefits from this. But not all is going well. Among Malaysia’s major weaknesses...

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Rosalind Chua