InvestPenang
InvestPenang is the Penang state government’s investment promotion agency, responsible for attracting and supporting manufacturing and services investment into the state. It also runs initiatives such as the Penang Automation, Test and Equipment (ATE) Campus.
Cohu in Malaysia: Penang design centre, Melaka factory
Who is Cohu? A US chip-test equipment maker with its largest factory in Melaka and, since June 2024, a RM71 million design centre in Bayan Lepas, Penang. What it does, since when, …
Penang approved RM17.3bil of manufacturing investment in six months — 77% of all of last year, and 69% of it is existing factories expanding
MIDA figures released on 3 September put Penang first in Malaysia for approved manufacturing investment in 1H2026: RM17.3 billion, 34% of the national total and 38% up year-on-year…
Penang pushes medtech as its hedge against the chip cycle — and medtech tenants are the strongest industrial occupiers in Penang
Chief Minister Chow Kon Yeow told IMDEC 2026 that Penang now hosts seven of the world’s top 30 medtech firms and drew RM2.3 billion in approved sector investment from 2021 to Q1 20…
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