investPenang is the Penang State Government’s principal investment promotion agency with the primary purpose of promoting investments within Penang. investPenang’s objectives are to sustain and rejuvenate Penang's economy by enhancing and continuously injecting business activities in the State through the promotion of foreign and local investments including the spawning of viable new growth centres.
With more than 40 years of industrial development, Penang is not only the electronics hub of South East Asia, but also a preferred location for the fast growing and thriving Global Business Services (GBS). Penang offers generous government incentives, an educated, multilingual and competent workforce with excellent infrastructure and support ecosystem. This is evident with the existence of over 50 GBS companies in Penang providing more than 10,000 high income jobs to locals serving both regional and global markets.