The Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) is a free trade zone within George Town in the Malaysian state of Penang. Located adjacent to the Penang International Airport and 12 km (7.5 mi) south of the city centre, it is a high-tech industrial park widely regarded as the Silicon Valley of the East.[3][4][5]
Created in 1972 as Malaysia's first free trade zone, the Bayan Lepas FIZ played a critical role in Penang's economic diversification and is now home to various multinational corporations, including Bosch, Motorola, Dell, Intel and Hewlett-Packard.[6][7][8]
^Yeow, Teck Chai. "The Development of Free Industrial Zones–The Malaysian Experience" (PDF). World Bank. {{cite journal}}: Cite journal requires |journal= (help)
^"Innoplex to attract world-class industrial players | Buletin Mutiara". www.buletinmutiara.com. Retrieved 3 March 2018.
^Roughneen, Simon (15 July 2015). "Styling itself as the 'Silicon Valley of the East'". Nikkei Asian Review.
^"Penang: Malaysia's secret silicon island". BBC News. Retrieved 4 February 2018.
^"Special Economic Zones in the Indonesia–Malaysia–Thailand Growth Triangle: Opportunities for Collaboration" (PDF). Asian Development Bank.
^"A Silicon Valley of the East: Penang's thriving start-up community". Channel NewsAsia. Retrieved 4 February 2018.
^Vaghefi, Negin (5 July 2022). "Penang's Industrial Parks Surge in Global Prominence - Penang Monthly". penangmonthly.com. Retrieved 24 October 2023.
^Xiong, Ooi Tze (31 July 2022). "PSDC's Role Continues to Grow as Penang Celebrates 50 Years of Industrialisation - Penang Monthly". penangmonthly.com. Retrieved 24 October 2023.
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Global Information
George Town