investpenang investor s point of contact
play

InvestPenang Investors point of contact The Principal Investment - PDF document

9/12/2014 Penang - The destination of choice for investments, A great place to live, work, learn and play Grow Your Business with International Partnership Supplier Day Dec 8, 2014 InvestPenang Investors point of contact The


  1. 9/12/2014 Penang - The destination of choice for investments, A great place to live, work, learn and play … “Grow Your Business with International Partnership” Supplier Day Dec 8, 2014 InvestPenang – Investor’s point of contact • The Principal Investment Promotion Planning & Agency of the Penang Facilitation Evaluation State Government for • Provides • Facilitates the promotion of the information • Assist implementati manufacturing & on the State in on of the services sectors business Planning investment • Point of contact for opportunities • Policy projects in Opportunities investors. in Penang advocacy Penang for Investment • Collaborates with Federal/ State agencies Promotion 1

  2. 9/12/2014 Federal & State Government Relationships Prime Minister (PM) Federal Government + Ministry of + Ministry of + Ministry of Science, International + Ministry of Health Technology Education Trade and and Innovation Industry + Malaysian + Malaysian Biotech Investment + Institute of Medical Corp. Development Research Authority, + Multimedia Development Corporation + Malaysian External Trade Development Chief Minister Corp. State Government + MPSP + MPPP + Investment + Universiti Sains Malaysia, Penang + Penang Office Local Authority Promotion Arm + Investment Arm Local Authority Mainland Island Penang Key Facts Where business goes to grow • 2nd smallest state in Malaysia 1031sq.km (MY 330,000 sq.km) 2nd most • urbanized state population 1.6m (MY29.3m) 4 decades of • industrialization >770, 500 workers • supporting Penang’s economy >240,400 (31%) in • manufacturing Languages Spoken • Bahasa Malaysia, English, Chinese (Mandarin, Hokkien), Tamil, others Penang 2 nd Bridge Temperature: 21 ° ~ • 32 ° C Source: DOS, Labour Force Survey Report 2012 2

  3. 9/12/2014 Penang in the news: An industrial base state, heritage city and campus for technology  Top 10 dynamic industrial cluster locations in the world to have demonstrated a successful manufacturing experience among developing economies (UNIDO Industrial Development Report 2009)  Top 31 Business Process Outsourcing (BPO) - locations of the future (KPMG’s “Exploring Global Frontiers ” Report 2009)  Produces 8% of global back-end support for semiconductor industry (SEMI, 2013)  Georgetown – UNESCO World Heritage Site in 2008  The 8 th most livable cities in Asia (ECA Intl. 2012)  Top in Green initiatives in Malaysia  C.A.T. Governance praised for anti-corruption efforts (Transparency International, AG Report 2010)  Top culinary spot (Lonely Planet 2014) Penang Economic Profile • GDP : RM 54.97 B • GDP growth in 2013: 4.6 % (5.0% :2012) • Contributes 7.0% of national economy (2013) • Penang’s Share of Economic Activity: - • Malaysia Inflation rate : 2.1% (2013) Source: Department Of Statistic Malaysia 3

  4. 9/12/2014 • Global supply • Biotech mfg. • Solar panels chains • Non-core • Business units • Technology eco- outsourcing • Global systems • Process • Quality • LED fab/packaging procurement • R&D • IC design automation branding • Consumer • Operational • Sales/marketing • Global ICT electronics excellence Local industry • Mfg – order assembly integration value add • Piece-parts & • Equipment mfg Low Vol/High Mix fulfillment CM • Disk drives sub-assemblies • Technical services • Localization – • Tech startups • Trading backend MNC’s • ODM’s • Sub- Assembly CM’s • Quality revolution automation & • Design services. • Technical services • Local CM’s • Branding tooling • Software/firmware • Labor • Local high tech • Partnerships with • Die fabrication • Internationalization intensive traders • Outsourcing services MNC’s • Test automation semiconduct • Local precision tooling or mfg • Local back end Local SME’s automation • Semiconductor assembly • Local machine shop upgrades SME value • Machine shops • Logistics add line • Mech. R&M • Technical services • Cottage industries 80s 60s 70s 90s 00s 10s Move the PENANG ECONOMY up the value chain • Penang has experienced 2 growth transformations to become a successful industrialized economy • Penang’s economy targeted to move up the value-chain by driving the 3rd growth wave of knowledge intensive and innovation-led growth • Promoting economic diversification e.g advanced technology, creative multimedia content, BPO-ITO, engineering design, R&D, ICT Jobs & 3 rd Growth Wave: GDP 2 nd Growth Wave: Development of ICT Project Growth 1 st Growth Wave: Expansion of SEZs into Knowledge intensive, Malaysia’s First Free Industry Clusters innovation-led Trade Zone in Bayan Industrialization Lepas, Penang manufacturing and services Special Economic Zone (“SEZ”) 1970s 1980s – 1990s 2000 and beyond 4

  5. 9/12/2014 Our promoted sectors Industry • Electrical & Electronics • Electronics Manufacturing Services (EMS) • Light Emitting Diodes (LED) • Life Sciences / Medical Devices • Aerospace / Avionics • Renewable Energy (RE) • Halal & Food Industry Services • Shared Services & Outsourcing (SSO) • IC Design & Development • ICT / Software development & Creative Multimedia • Operational Headquarters, International Procurement Centre and Regional Distribution Centers • Logistics & Transportation • Healthcare & Wellness Services • International Education • Meeting, Incentives, Conferences, and Exhibitions (MICE) • High value Tourism / Hospitality Over 300 multinational companies have chosen Penang as their location of choice to do business Others – EU co No. of companies Japan: > 85 Taiwan: >70 US : > 50 Singapore: >30 Germany: > 10 Others : >50 5

  6. 9/12/2014 Investment Performance in Penang 2000-Jul 2014 RM Billion 14 12 10 8 6 4 2 0 Source: MIDA Domestic Investment Foreign Investment Total Capital Investment Recent Projects in Penang: Penang E&E Clusters 6

  7. 9/12/2014 Precision Engineering in Penang Machining Stamping & Automation Fabrication Plastic Moulding Die Casting PCB Assembly Surface Treatment Jigs & Fixtures CNC Penang CAT Centre Career Assistance and Talent Centre “My Penang….. My Workplace” Attract and retain talent in Penang  www.penangcatcentre.my “ resource centre and point of contact for employers and job seekers”  Matching job seekers with potential employers  Policy advocacy on how to address talent gap  Initiatives to attract and retain talent  Penang Future Foundation Scholarship Award – Scholars bond to serve organizations in Penang  Affordable housing scheme – Priority given to talent working in Penang 7

  8. 9/12/2014 Talent nts 2 Public ic Univers rsit itie ies 3 Private te Universi rsities 27 College ges Institutions of Higher Learning 2 Polytechnic 2 ics 6 Communit ity y College ges 20 2012 Gra 12 Graduate duate Output Output 4 Industrial Training Institutes 4 es 1 1 Youth Skills Development nt Institutes es 2 2 Teacher Training Institutes Year 2010-2012, Malaysia produces 190,000 university graduates yearly Engineering produces 35,358 graduates Competitive cost of doing business Among cheapest water rates in • RM0.66/m3 vs KL/ Selangor RM2.07/m3 Johor RM2.60/m3 Malaysia Among cheapest electricity rate Electricity Tariff • Compared to Asian region ( per KWh ) Country in the region ( USD ) Staff attrition MALAYSIA 0.11 • Lower annual turnover rates THAILAND 0.11 • Kuala Lumpur – RM 1,900 /month Lower median INDIA 0.12 • Johor – RM 1,500 / month salary • Penang RM 1,450 /month CHINA 0.13 Source: Department of Statistics 2012 SINGPORE 0.23 PHILIPPINES 0.27 JAPAN 0.22 8

  9. 9/12/2014 Cost of Doing Business in Penang investPenang’s ‘Cost of Doing Business’ booklet available for collection at investPenang booth or download at www.investpenang.gov.my Strategic location in Batu Kawan Industrial Park • Comprehensive master plan • Eco-friendly township – work, live & play • World class technology and innovation led industries • Supply chain at SME Village • Education hub • Affordable housing – 11,800 units Education Hub & Talent Pool Innovation Led Manufacturing 9

Recommend


More recommend