THE OFFICIAL LAUNCHING OF FMM CEO FORUM 2017

Posted in Dari Meja Ketua Menteri

SPEECH BY CHIEF MINISTER OF PENANG

FMM CEO FORUM 2017: FUTURE PILLARS OF OUR NATION

8 APRIL 2017

Selamat pagi!

Congratulations FMM Penang Branch for successfully organizing your second FMM CEO Forum 2017 with a “Future Pillars of our Nation” as their theme for this year’s CEO Forum. Human talent are our future pillars as it is a very critical asset in every successful business or eco-system.

FMM has been the voice of the manufacturing industry since 1968. I observe that the FMM Penang has been actively pursuing their mission to nurture the young minds. Today's crowd is five times bigger than the first CEO Forum in 2015.

From this CEO Forum a sum of RM100,000 will be donated to the Penang Future Foundation for the deserving underprivileged students. On behalf of the State Government, I wish to express my heartfelt thanks to FMM Penang’s sponsors.

I wish to encourage the deserving students to apply for scholarships under the Penang Future Foundation to further their studies. From this year onwards, Penang Future Foundation will be offering two types of scholarships namely Penang Scholar and Mutiara Scholar.

Penang Scholar offers successful recipients up to RM100,000 for tuition fees and monthly living allowance of RM1,000. Whereas, Mutiara Scholar rewards up to RM60,000 for tuition fees and RM600 for monthly living allowances.

The Penang Future Foundation is an initiative by the Penang Government to develop and retain talents. We award scholarships for outstanding and deserving Malaysian students to pursue their undergraduate studies in the fields of Science, Technology, Engineering, Mathematics and Accountancy. Upon completion of their studies, the scholars are bonded to work in any public or private organisation of their own choice in Penang for up to 8 years.

Penang has a lot to offer to the local as well as the foreign investors. We have world-class capabilities with a robust supply chain, critical support services, vibrant manufacturing ecosystem, a conducive business environment, infrastructure and good connectivity, and a good quality lifestyle. Not to mention, that the Penang Government is transparent with good governance.

Penang is the growing centre of learning for global citizens. We have one of the top Malaysian university, 10 international schools, 40 institutions of higher learning and skills training institutions such as PSDC, JMTI & FMM Institute as well as science learning centres and Malaysia’s first digital library in Penang.

Penang is the home to more than 300 multinational manufacturing companies which are in line with the State Government’s vision to propel Penang into advanced manufacturing and to partake in the Industry 4.0, which in turn will move Penang up the value chain and provide higher paying jobs. We seek convergence in the public, manufacturing and services sector to enable us to partake in the 4th Industrial Revolution.

The 1st Industrial Revolution happened with the invention of steam engines, the 2nd Industrial Revolution with the discovery of electricity of mass production and specialization of work, the 3rd Industrial Revolution with the invention of computers and internet. Finally the 4th Industrial Revolution revolves around the Big Data Analytics (BDA), e-commerce, crowdsourcing, Cloud Computing and Internet of Things (IoT).

Moreover, claims that foreign investors are leaving or Foreign Direct Investments(FDIs) no longer interested in coming to Penang is absolutely untrue. Figures from MIDA from 2008-2016 reveal that Penang came out third in Malaysia for FDIs, with RM 41,554 million, losing out only to Johor’s RM 55,751 million and Sarawak’s RM 48,371 million. Total investment, including both FDI and domestic investment, amounted to RM55 billion from 2008 to 2015 which is a 90% increase from the RM 29 billion recorded in the similar 8 year period from 2000 – 2007.

Our very success in attracting investments and tourism has resulted in traffic congestion which we hope to overcome with our RM27 billion Penang Transport Master Plan. Under the Penang Transport Master Plan which is the future engine of growth, the Penang South Reclamation initiative will reclaim 4,500 acres of land off the south coast of the Island. From this, a large plot of reclaimed land will be dedicated to a high-tech manufacturing and R&D cluster.

Besides the manufacturing industry, Penang also accounts for 46% of Malaysia’s medical tourism revenue in 2016, with 300,000 medical tourists visiting Penang and our 7 major private hospitals. We intend to build a medical city in Penang with new hospitals on both the island and the mainland.

Penang has also been voted for the 8th most liveable cities in Asia, among the top best cities in the world for food, top 8 islands in the world you must see before you die and 2nd best place to retire. Penang was also selected as the “No. 2 in the 17 Best Places In The World to Visit in 2017” by CNN, “No. 1 Best Healthcare In the World” by International Living and Penang’s Gurney Drive came out at number 13 noted for the best street food.

Indeed Penang is the place where together we can build a platform for dream-makers to make your dreams come true.

Ladies & Gentlemen,

It is now my pleasure to officially declare the FMM CEO Forum 2017 open. I wish you all a stimulating, meaningful, and fruitful deliberation!

Thank you.

The Launching Ceremony of Box Illusions by Haze Long

Posted in Dari Meja Ketua Menteri

Speech by Chief Minister of Penang

At The Launching Ceremony of Box Illusions by Haze Long

7 April 2017, 12 pm
Hotel Jen Penang by Shangri-La

 


Good afternoon and a very warm welcome to the launch of Box Illusions by Haze Long – a unique art exhibition hosted by Hotel Jen Penang by Shangri-La and the first in Penang.

I would like to express our sincere appreciation to the multi-talented Haze Long for choosing Penang for her first solo art exhibition and for introducing speed painting to Penangites.

Penang's lifestyle is world famous for two things: as a food heaven, and for its vibrant art and cultural scene.

Penang provides an exciting and unique platform for the arts, heritage, culture and businesses. In all likelihood, we will help sustain and enhance the art-related industries of Penang.

The George Town Heritage Enclave is a unique enclave with one of the highest concentrations of historical buildings in South East-Asia.

Penang, as one of the most liveable cities in Asia, has graffiti from around the world, hand-painted by world-acclaimed artists, such as Ernest Zacharevic from Lithuania and Julia Volchkova from Russia.

Just along Magazine Road itself, we have two huge murals to be proud of. The 100-metre colourful façade,the trademark of Hotel Jen Penang, was painted by international artist JM Y.E.S. This abstract piece is one the longest wall mural art in Penang.

Next, we have the biggest street mural in Penang just next door at 1stAvenue Mall, with a 15.24metre high and 7.62metre wide, impressive art piece by Canadian street artist Emmanuel Jarus.

Upcoming, we will have five Malaysian artists set to make their way into the Guinness Book of Records for painting the world’s tallest mural on our very own KOMTAR Tower. When the mural is completed, it will be 230metres tall and 13.1metres wide.

Penang – a state of festivities

Penang is exotic and unique in our own special way due to our multi-racial communities with a myriad of flavours and cultures. We have memorable and spectacular festivals all year round in Penang. Home-grown art festivals that managed to attract travellers from around the world – the month-long George Town Festival, George Town Literary Festival, In-between Arts Festival and the Penang Island Jazz Festival.

Throughout the year, we have LFSS programme (Last Friday, Saturday and Sunday) and the Project Occupy Beach Street dedicated to arts, cultural and heritage.

Economic

We see arts and culture as an economic game changer that can help to promote Penang as an international and intelligent city as well as drive economic development. To reinforce Penang as an hub for arts and culture, the Penang state government has decided to invest RM30 million to build a Penang Arts District (PAD) in the George Town city centre. The PAD will make Penang to be the largest container city in the world devoted solely for arts and culture.

As an initiative to catalyse the economic impact of the creative industry in Penang, the Penang State Government has envisioned the Penang Arts District to be the creative hub of Penang’s contemporary arts and culture scene.

The Penang Arts District will also drive the revitalisation, catalysing urban renewal in the George Town UNESCO World Heritage zone, creating more employment opportunities for Penangites and greater value-added services.

In conclusion, I would like to applaud the partnership between Hotel Jen Penang by Shangri-La and Haze Long. I have no doubt that this exhibition will be one of the high points in Penang and will enhance the already considerable appreciation of arts and culture in this city.

Thank you Hotel Jen Penang by Shangri-La for your continuous dedication and efforts to boost the arts industry in Penang.

LAUNCHING OF GBS@ MAYANG

Posted in Dari Meja Ketua Menteri

SPEECH BY CHIEF MINISTER OF PENANG

AT THE LAUNCHING OF GBS@ MAYANG

7 April 2017
Atrium Mayang Mall, Bayan Baru




A very good morning to everyone. It gives me great pleasure to welcome all of you here today for today's launch of our ‘GBS@Mayang’.

GBS@Mayang’ marks an important milestone in the Government’s continuing efforts in creating higher value jobs for the Rakyat, leveraging on Penang as an international & intelligent city as well as a destination of choice for investors.

PENANG’S GLOBAL BUSINESS SERVICES (GBS) ECOSYSTEM

Ladies and Gentlemen,

The Penang State Government’s strategy will further enhance the 3rd wave of development of the services sector, encompassing GBS/SSO, BPO, Research & Development (R&D), Design & Development (D&D), and advanced manufacturing. While the manufacturing sector continues to grow, many have since diversified in terms of manufacturing activities as well as other services. Many companies, led by the numerous MNCs here, have expanded from the manufacturing base to include global business services.

According to Outsourcing Malaysia (OM), Malaysia’s GBS Sector will see a compounded annual growth rate (CAGR) of 10%-15% for the next five years. Locally, in the recently announced Malaysia Investment Performance 2016 by Malaysian Investment Development Authority (MIDA), Penang received the second largest investments for Global Establishments for Services or ‘Principal Hub’ after Kuala Lumpur with an investment value of RM4.1 billion.

Penang currently hosts a vibrant GBS community with an estimated 50 GBS companies providing more than 8,000 high income jobs to locals, serving both regional and global markets. Job opportunities are expected to grow in tandem with new investments in this sector.

Only 2 months ago, Switzerland based leader in high-end automotive solutions, Luxoft, launched their first ever Centre of Excellence (CoE) in Asia in Penang. The CoE will offer more than 500 IT/software development engineers in Penang in the next 5 years, investing RM235 million in human capital and technology. The CoE will further develop the automotive software/IT ecosystem in Penang as well as complementing the existing cluster e.g. Bosch, Continental, Clarion and Malaysia Automotive Lighting (MAL).

GBS@PENANG & GBS@MAYANG>

Ladies & Gentlemen,

The huge growth potential of the GBS industry needs a conducive business environment in order for this sector to flourish. In a move to house new & expanding knowledge driven companies in Penang, the State will be spending RM10 million to refurbish this building to turn it into a GBS Centre for investors. The refurbishment works will include major facelift of the building facade, improvement of shared facilities and most importantly, infrastructure upgrades in line with MDeC’s MSC Malaysia Cybercentre standards.

An approximate total of 110,000 square feet of MSC Malaysia Cybercentre office space will be made available once the building is completed in January 2018. In addition to infrastructure, this building is already centrally located in the heart of Bayan Baru’s business district with good connectivity, where the majority of our GBS/SSO players and more than 200 MSC Malaysia companies are housed in the Penang Cyber City. Penang is 2nd after Klang Valley hosting the most number of MSC Malaysia Status companies in Malaysia.

GBS@Mayang is in fact part of the State’s master development plan to offer conducive enterprise space and environment for investors and supporting talents worldwide. Phase 2 development plan, tentatively called ‘GBS by the Sea’, at Bayan Lepas Phase 4 will follow soon.

LIVABILITY & WORK-LIFE BALANCE TO RESIDENTS

Ladies & Gentlemen,

As the 2nd largest city in Malaysia, Penang continues to attract global talents with job opportunities, offering sustainable living with a balance lifestyle. Only recently, CNN ranked Penang as No. 2 out of the ‘Top 17th tourist destination for 2017’ whereas 2 weeks ago, our very own Gurney Drive made it to the 13th spot on the list of ‘25 best streets in the world for tourists to visit around the world before you die’ by well-known Australian travel resource, ‘Traveller’.

In a nutshell, Penang is a place where you can do business, create great products, deliver great services, make money, and at the same time enjoy a desirable lifestyle. You will also find a government with strong & transparent leadership, committed to improve the lives of the people here.

On that note, I am pleased to launch the upgrading works of ‘GBS@Mayang’ and wish all you a pleasant day ahead.

Thank you.