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Penang targets US expansion to cement status as global chip hub

GEORGE TOWN, Sept 28 — Penang is ramping up its efforts to attract fresh American capital and encourage existing US multinationals to expand their footprint in the state.Chief...

Malay MailOpalyn Mok2026-09-28 10:25查看原文 ↗

Penang is intensifying efforts to attract and expand American investments, with Chief Minister Chow Kon Yeow leading a strategic mission to the U.S. from September 28 to October 5.

Organized by InvestPenang, the mission seeks to engage with American corporate leaders and highlight Penang's advancements and investment opportunities in sectors like semiconductors and medical devices.

The agenda includes promoting key initiatives, discussing infrastructure improvements, and detailing policy shifts to facilitate investments.

Chow aims to strengthen U.S. ties and secure economic benefits for the state.

GEORGE TOWN, Sept 28 — Penang is ramping up its efforts to attract fresh American capital and encourage existing US multinationals to expand their footprint in the state.

Chief Minister Chow Kon Yeow will lead a strategic trade mission to the United States from today until October 5.

Organised by InvestPenang, the mission focuses on renewing ties with the corporate headquarters of American firms already operating in Penang.

“This effort aims to encourage the expansion of their Penang sites and attract new investments,” a statement from the Chief Minister’s Office confirmed.

Chow will pitch Penang’s latest industrial advancements to US executives, highlighting key initiatives such as Penang Silicon Design @5km+ and the Penang ATE Campus. The discussions will also cover critical infrastructure upgrades and policy shifts designed to streamline the investment process.

The state is targeting high growth sectors, including the semiconductor industry, integrated circuit (IC) design, advanced packaging, and equipment manufacturing. Other priority areas include medical devices and global business services (GBS).

The itinerary includes a series of high level meetings and site visits with corporate headquarters, providing a platform to showcase Penang’s innovation and long term competitiveness as a premier investment destination.

Chow expressed confidence in the mission, noting his commitment to strengthening ties with American investors to secure tangible economic gains for the state.

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槟城正加大力度吸引和扩大美国投资，首席部长曹观友率领战略代表团于9月28日至10月5日赴美考察。

此次访问由槟城投资局组织，旨在与美国企业领导人进行交流，并重点介绍槟城在半导体和医疗器械等领域的进步和投资机会。

议程包括推进重点举措、讨论基础设施改进以及详细说明促进投资的政策转变。

周恩来的目标是加强与美国的关系，并为该州争取经济利益。

乔治市，9月28日讯——槟城正加大力度吸引新的美国资本，并鼓励现有的美国跨国公司扩大在该州的业务。

首席部长曹观友将从今天起至10月5日率领战略贸易代表团访问美国。

此次访问由槟城投资促进局 (InvestPenang) 组织，重点在于重新与已在槟城运营的美国公司总部建立联系。

“此举旨在鼓励他们扩大在槟城的业务，并吸引新的投资，”首席部长办公室的一份声明证实道。