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Penang chief minister leads investment, trade mission to US

GEORGE TOWN: Penang chief minister Chow Kon Yeow is leading an investment and trade mission to the United States (US) from today to Oct 5 to strengthen ties with American investors and attract new investments to the state.

Penang chief minister leads investment, trade mission to US

Penang's chief minister, Chow Kon Yeow, is spearheading an investment and trade delegation to the United States from today until October 5th. The mission, organized by InvestPenang, the state's investment promotion agency, aims to bolster relationships with American investors and bring more investments to the state. By renewing existing ties and forging new ones with the corporate headquarters of American companies, the mission seeks to update these firms on Penang's recent developments, such as the Penang Silicon Design @5km+ and Penang ATE Campus, infrastructure improvements, and policy changes aimed at facilitating investments.

The mission targets industries like semiconductors, medical devices, and global business services, positioning Penang as a desirable investment destination. During the visit, Chow and InvestPenang delegates will engage in numerous meetings and site visits with American corporate headquarters, highlighting Penang's innovation, competitiveness, and long-term vision for attracting investments.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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