An informative post about Malaysia.
Through the Penang Development Corporation (PDC), the Penang government is working on enhancing investors’ experience at the state’s industrial parks.
Meetings and discussions between PDC, local authorities, state legal advisor and the Penang Land and Mines Office are now ongoing to study the idea of establishing the ‘Industrial Park Management Council’.
State Entrepreneurial Development, Trade, and Industry Committee chairman Datuk Abdul Halim Hussain said the industry players in Penang had voiced the effectiveness of the current industrial park management model and proposed the setting up of a special council to oversee the management of existing and new industrial parks in Penang.
Meanwhile, PDC chief executive officer Datuk Aziz Bakar said PDC is finalising the papers and would be tabling them in the state executive council meeting when they are ready.
“We hope to complete them by early next year. The proposed ‘Industrial Park Management Council’ could be tasked to manage issues happening in the industrial parks, such as traffic and infrastructure,” he said during the fourth Penang Socio-Economic Recovery Consultative Council (PSERCC) meeting in Komtar yesterday.
Chief Minister Chow Kon Yeow stressed the importance of enhancing the experience of investors to continue growing the state.
“The industry is a major lifeline for Penang,” he said.
Chow said Penang had recorded the highest Gross Domestic Product (GDP) growth compared with other states in 2021.
“If a comparison is made between the period before and after the Covid-19 pandemic, the state’s GDP per capita increased by 6% in 2021 – from RM55,202 per person in 2019 to RM58,527 per person in 2021.
“We will ensure that this excellence can be continued through the implementation of various projects and programmes per the people’s interest, especially in the current endemic phase,” Chow said.
Source: Buletin Mutiara
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