PENANG has gained RM13.67 billion in investment and generated more than 14,000 job opportunities last year, thanks to the collaborative efforts between the Federal Government and the Northern Corridor Implementation Authority (NCIA).
Speaking during the certificate presentation ceremony to the five companies involved in the Centre of Excellence (CoE) programme under the NCER Technology Innovation Centre (NTIC), Chief Minister Chow Kon Yeow praised the investors’ trust in the region’s long-term prospects.
“NCIA has played a pivotal role in facilitating investments, thus supporting the encouraging investment growth recorded last year.
“I believe the programmes such as NTIC, designed to bolster the industrial ecosystem and nurture talent, will strengthen Penang’s position as a technology and innovation hub in the region.
“Penang is also well-positioned to attract foreign investors, given its investment-friendly atmosphere,” he said.
At the certificate presentation ceremony for the NTIC programme, the five companies honoured were GF Technology Sdn Bhd, Elliance Sdn Bhd, IME Technology Sdn Bhd, Visionlytics Sdn Bhd, and Easy Park Machinery Sdn Bhd.
Chow emphasised the importance of NTIC, which focuses on technology, innovation, commercialisation.
NCIA chief executive officer Mohamad Haris Kader Sultan said the NTIC building in Bayan Lepas is expected to be completed middle of this year.
Story by Edmund Lee
Pix by Law Suun Ting