Posted in Dari Meja Ketua Menteri


14 JANUARY 2019

Yang Berbahagia Encik Adnan Zaylani Mohamad Zahid
Assistant Governor Bank Negara Malaysia

Yang Berbahagia Dato’ Adissadikin Ali
President Association of Islamic Banking and Financial Institutions Malaysia

Yang Berbahagia Encik Muhammad Fikri Mohamad Rawi
Chairman of Malaysian Takaful Association

Industry captains

Distinguished guests

Members of the media

Ladies and gentlemen

Good morning.

It gives me great pleasure to be here today at the Islamic Finance Rendezvous Series, jointly organised by Bank Negara Malaysia (BNM), the Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian Takaful Association (MTA).

I am indeed honoured that Penang has been selected to host the first event of this series and I am truly hopeful that the programme we are having today will be an eye-opener for all of us to discover and explore suitable financial solutions offered by Islamic finance in the country which can help boost and sustain growth as well as the expansion of your business.

Enormous prospects for businesses and financial institutions in Penang

The Penang State Government is a strong proponent of business. Penang has grown tremendously from its early days as a colonial trading port to now becoming the third largest economy in terms of per capita income among the states and federal territories of Malaysia. In 2017, Penang’s GDP per capita surpassed the national level by 18%, amounting to almost RM50,000 . Penang also recorded the highest approved manufacturing foreign direct investment (FDI) among the states in Malaysia in 2017, valued at RM8.5 billion.

Domestic manufacturing investment also increased 92% year-on-year to reach RM2.3 billion in 2017. In the first nine months of 2018, our state achieved RM2.2 billion in FDI and RM1.7 billion in domestic investment respectively, bringing together our total investment for the first three quarters (Jan-Sept) of 2018 to RM3.8 billion, as reported by MIDA. The vibrant investment activity in Penang is a testament that the state remains a highly attractive location for local and foreign investors alike.

The next few years hold equally exciting prospects for Penang. Several major high impact projects; the completion of the Sultan Abdul Halim Mu’adzam Shah Bridge – also known as the Second Bridge, the upcoming expansion of Penang International Airport, Penang Sentral Integrated Transport Hub and the expansion of Penang Port are key infrastructure projects that will position Penang to continue in its current role as the economic powerhouse as well as a dynamic import and export gateway in the northern region of Malaysia. These open up vast potential and immense opportunities for businesses and financial institutions.

Penang recognises the role of finance including Islamic finance in advancing economic growth

Ladies and gentlemen,

The Penang State Government recognises that banks in Malaysia play an important role and provide support to businesses including SMEs, through wide-ranging offerings of financial products and services such as term financing, trade financing, overdraft and revolving credit. Over the years, these products and services have evolved in response to the actual and ever- changing needs of businesses. Currently, loans to SMEs accounted for 17% of total lending by banking system.

In 2017, about 290,000 new Islamic financing applications have been approved for SMEs, amounting to RM73.4 billion according to BNM. In Penang, total financing outstanding to SMEs almost reached RM4 billion in 2017, where the state ranked 5th among all states and federal territories in Malaysia. Penang is also among the top 5 states with the highest number of SMEs, accounting for 7.4% (66,921) of total SMEs in Malaysia. Of this, 90% are in the services sector, 6% are in manufacturing while 3% are in construction . This reflects the huge untapped potential available in various markets and thus, there is more that needs to be done. As mentioned by the Assistant Governor in his speech earlier, there are still many businesses that hardly capitalise on Islamic financing facilities.

Therefore, I believe business engagement programmes such as the one we are having today can be the catalyst for better understanding and synergy between businesses and financial institutions to seize greater growth opportunities. Such a platform is important for business owners to have greater knowledge and to keep themselves abreast with the various financial products offered in the market and to identify suitable financial solutions in meeting their business needs.

At the same time, financial institutions can also gain a better picture on the issues and challenges facing businesses and offer customised solutions. I wish to applaud the Islamic finance industry for making this proactive move to engage directly with entrepreneurs and corporations.

Ladies and gentlemen,

One natural area of collaboration that we are well positioned to capitalise on is the vast opportunities in the global halal industry, which is forecasted to grow to USD3.1 trillion by 2022 . The halal industry is a thriving business sector that stands to hugely gain from leveraging on Islamic finance. Moving forward, Islamic finance should take a leading role as a key growth driver for this industry. Penang is now the second largest hub for halal businesses and exporting companies. The Penang State Government is committed to support the development of the halal industry and the establishment of the Penang International Halal Hub (PIHH) on 11 August 2008 was meant to provide the impetus for serving the growing global consumer demands for halal products, services and solutions.

Among the strategic steps taken by PIHH are the promotion of halal tourism & hospitality in George Town especially with its UNESCO World Heritage City status, the 53ha Halal Industrial Park on prime state land in Bukit Minyak as well as the halal logistic services with its extensive ground infrastructure connecting the northern region of Malaysia and the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) areas.

To conclude, I hope this programme provides an effective bridge between businesses and Islamic financial institutions. I strongly encourage everyone to take the opportunity to pose questions, to offer suggestions and to provide feedback to fully reap the benefits of this event. It is also my ardent wish that today will mark the beginning of more collaborative initiatives in time to come.

Thank you.


Posted in Dari Meja Ketua Menteri


12 January 2019
Desa Seni International Balik Pulau


YB Yeoh Soon Hin
State Exco for Tourism Development, Heritage, Culture & Arts

Dr. Paul Boey Teik Soon
Honorary Chairman of Balik Pulau International Art Village
Trustee of Artopia Education Trust

Lee Khai (DJN)
Chairman of Penang State Art Gallery
Advisor of Penang Art District

Dato' Dr. Kang Chin Seng
Trustee of Artopia Education Trust

Mr. David Goh
Trustee of Artopia Education Trust

Distinguished guests

Members of the media

Ladies and gentlemen

The very essence of Vision Penang2030 which I launched last year in late August envisaged the state of Penang with improved quality of life for her people, the promotion of a green economy which every Penangite has a stake in, the people’s empowerment and investment in the built environment for Penang to become the greenest and most intelligent state in Malaysia.

Having said this, the development of art and culture is an integral aspect of Penang2030. After all, through the language of art deciphered through the means of our artists’ creativity in thinking can awaken the people’s mind and our comprehension of the various issues affecting us in everyday life.

The joint effort by Artopia Education Trust and Penang Art District in hosting the first "Art together for Wildlife Conservation" International Art exchange exhibition at this Artist Village by inviting the participation of 24 artists from five countries, including our very own young talents to work together for wildlife and environmental protection reflects the sanctity of art in action for achieving the stated objectives of our event this morning.

From my observation, what we are having and doing this morning not only serves to develop the culture of our beloved city and state but more importantly, it also blends in perfectly with the green policies of the state government by reminding members of the public to love our environment. The state government, furthermore, has always been in the forefront on environmental issues and we have always been noted for our strong conviction in doing the right thing for Mother Nature. We are, after all, the first state to offer no free plastic bags, putting a stop to the use of styrofoam in packing food, banning plastic straws and single-use plastic food and drink containers and of course, Segregation of Waste at Source for all households which had been made mandatory since 1st of June 2017.

Resorting to the use of "art" to emphasise the need for environmental protection and to advocate the importance of wildlife protection and by extension, to preserve what’s left of Mother Nature for our future generation is most commendable.

It is high time that all of us take heed of her wrath manifested in the forms of climate change, unpredictable weather patterns, tsunamis and severe drought happening across the globe that enough is enough and steps must be taken to heal the environmental abuse she had withstood all the while.

I congratulate and applaud the effort of those who have taken part in this exhibition as it simply shows that we do care for our Mother Nature.

While art is the soul of our city and state, it is equally important to allow “art" to be the tool to educate the public and contribute towards the realization of Penang2030 which I unveiled last year. Let's "art together for wildlife and our environment!"

Thank you.



Posted in Dari Meja Ketua Menteri


PADA 10 JANUARI 2019 (10.00 PAGI)

YB Dato' Ir. Haji Ahmad Zakiyuddin bin Abdul Rahman
Timbalan Ketua Menteri (I) Pulau Pinang

YB Profesor Dr. Ramasamy a/l Palanisamy
Timbalan Ketua Menteri (II) Pulau Pinang

YB Kasthuriraani a/p Patto
Ahli Parlimen Batu Kawan

YB Gooi Hsiao-Leung
ADUN Bukit Tengah

YB Goh Choon Aik
ADUN Bukit Tambun

Yang Berbahagia Dato’ Rosli Jaafar
Pengurus Besar PDC

Yang Berbahagia Dato' Sr. Haji Rozali bin Haji Mohamud
Yang Dipertua MPSP

Dif-Dif Kehormat

Pihak Pengurusan PDC

Rakan-rakan media

Tuan-Tuan dan Puan-Puan Yang Dihormati Sekalian

Selamat Pagi dan Salam Sejahtera.

Terlebih dahulu, izinkan saya merakamkan sekalung penghargaan kepada semua pihak yang terlibat dalam penganjuran Majlis Pembukaan Jalan PSPN 2, North Penang Science Park, Mukim 13, Juru, Seberang Perai Tengah, Pulau Pinang pada pagi yang berbahagia ini.

Seperti mana kita semua sedia maklum, kawasan perindustrian Penang Science Park kini mengalami pembesaran di mana kawasan sedia ada seluas 282 ekar kini telah meningkat sebanyak 298 ekar di sebelah utara dan 119 ekar lagi di bahagian selatan, menjadikan keseluruhan keluasan adalah sebanyak 699 ekar. Dan menjelang pembukaan pasaraya IKEA, sebuah gedung beli-belah barangan perhiasan dan peralatan dalam rumah pada bulan Mac ini, dijangka akan berlaku peningkatan lalu lintas yang amat tinggi di kawasan sekitar ini.

Atas sebab itu, PDC telah mengambil inisiatif ini untuk meningkatkan rangkaian pengangkutan jalan sedia ada di kawasan itu dengan membina Jalan PSPN 2 sebagai jalan alternatif bagi membolehkan trafik dari Batu Kawan dan Bukit Tambun untuk terus melalui ke kawasan Juru dengan laluan ke Plaza Tol Tambun.

Saya dimaklumkan bahawa jalan baru ini dengan kelebaran 30 meter dan mempunyai reka bentuk 3 lorong 2 hala ini akan bermula dari jambatan melintasi Sungai Junjong Mati di sempadan utara Penang Science Park sedia ada dan terus ke persimpangan Jalan Kebun Baru sepanjang 1.6 km. Kerja-kerja pembinaan ini telah dilaksanakan dalam 2 fasa di mana fasa pertama melibatkan kira-kira 0.8km dengan kos pembinaan sebanyak RM9.6 juta telah dijalankan oleh pihak kontraktor, JK Dinamik Sdn Bhd yang telah siap pada 2016 manakala fasa kedua baru sahaja siap pada minggu lepas, juga kira-kira 0.8 km dengan jumlah kos sebanyak RM9.5 juta oleh MMA Construction & Engineering Sdn. Bhd.

Jumlah kos projek untuk 2 fasa ini adalah sebanyak RM20 juta dan dibiayai sepenuhnya oleh PDC sebagai sebahagian daripada tanggungjawab PDC dalam meningkatkan dan mempercepatkan pembangunan infrastruktur di Pulau Pinang terutamanya di kawasan Seberang Perai. Bagi memastikan projek-projek ini dilaksanakan dengan efisen dan telus, keseluruhan projek ini telah dilaksanakan sepenuhnya dengan menggunakan kepakaran dalaman PDC dari segi reka bentuk, penyerahan pelan, panggilan tender dan pengurusan tapak projek.

Saya yakin jalan ini akan menjadi salah satu platform infrastruktur yang akan menyediakan jaringan dan sokongan logistik yang baik di kawasan Batu Kawan sekaligus dapat mempercepatkan perkembangan ekonomi di kawasan sekitar. Selain membuka peluang pelaburan yang lebih besar, sudah tentu ia akan mewujudkan peluang pekerjaan yang bernilai tinggi kepada masyarakat setempat.

Dengan komitmen sambungan dan akses jalan yang baik ini juga turut akan memberi manfaat kepada kawasan berdekatan dengan Seberang Perai Selatan, seperti Byram juga akan menjadi satu tarikan utama bagi operasi perkilangan dan juga pertumbuhan ekonomi kelak.

Dengan pembinaan jalan ini juga, adalah tepat pada masanya untuk mengintegrasikan dengan projek-projek pembangunan transformatif seperti Penang Design Village, projek oleh Aspen Vision, dan Gedung IKEA pertama di rantau utara yang akan mewujudkan perniagaan untuk pembekal tempatan, tarikan pelancong, usahawan dan pelabur. Saya percaya untuk memenuhi pertumbuhan pesat ini, infrastruktur yang lebih baik merupakan salah satu faktor penting yang mana dapat membantu mengubah keadaan ekonomi dan mentransformasikan kawasan di Batu Kawan dan kawasan di sekitarnya di Seberang Perai sebagai sebuah metropolis yang berkembang.

Akhir kata, saya ingin mengucapkan terima kasih kepada Perbadanan Pembangunan Pulau Pinang (PDC) atas usaha dedikasi dan proaktif dalam memberi sokongan dan menyediakan infrastruktur ini untuk memudahkan keperluan pembangunan perniagaan, khususnya di kawasan Seberang Perai, Pulau Pinang.

Saya dengan ini merasmikan pembukaan Jalan PSPN 2, North Penang Science Park, Mukim 13, Juru, Seberang Perai Tengah (SPT), Pulau Pinang .

Sekian, terima kasih.