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The Perai Free Industrial Zone (Perai FIZ) is a free trade zone within Seberang Perai in the Malaysian state of Penang.Located within the suburb of Perai and 4.7 km (2.9 mi) south of Butterworth, the Perai FIZ was established in 1980 with the aim of becoming a major manufacturing hub for bulk items, leveraging its proximity to the Port of Penang and the railway line that links it to the rest ...
The 1,400-acre (5.7 km 2) Bayan Lepas FIZ was the brainchild of Lim Chong Eu, who served as the Chief Minister of Penang between 1969 and 1990, in response to Penang's economic downturn at the time. [ 9 ] [ 10 ] [ 11 ] George Town , Penang's capital city, had its free port status revoked by the Malaysian federal government in 1969, leading to ...
Bukit Tengah is a suburb of Seberang Perai in the Malaysian state of Penang.This area is situated very close to the North–South Expressway.The town is within a proper of a larger town of Bukit Mertajam, which shares the same postcode of 14000.
George Town is connected to mainland Seberang Perai by two bridges – the 13.5 km (8.4 mi) Penang Bridge and the 24 km (15 mi) long Second Penang Bridge. [21] The North-South Expressway , a 966 km (600 mi) expressway that stretches along the western part of Peninsular Malaysia , provides a direct link from Seberang Perai to Sungai Petani in ...
The town's tin industry players include Malaysia Smelting Corporation, the world's second largest supplier of tin and a subsidiary of the Singapore-listed Straits Trading Company. [26] Meanwhile, the Port of Penang is the third busiest seaport in Malaysia, handling 1.52 million TEUs of container in 2017. [7]
It is the core city of the George Town Conurbation, Malaysia's second largest metropolitan area with a population of 2.84 million and the second largest metropolitan economy in the country. The city proper spans an area of 306 km 2 (118 sq mi) encompassing Penang Island and surrounding islets, and had a population of 794,313 as of 2020.
Bayan Baru was first developed by the Penang Development Corporation (PDC) in 1972, in tandem with the construction of the Bayan Lepas Free Industrial Zone. [1] [2] [4] The creation of the new township was aimed at providing a housing area adjacent to the newly built industries in Bayan Lepas, and erasing social and economic inequalities between the urban and rural inhabitants.
In 2017, the construction of the IKEA Batu Kawan store was launched by the Chief Minister of Penang, Lim Guan Eng. [5] Slated for completion by 2019, it is the first IKEA store in northern Malaysia and spans a built-up area of 39,979 m 2 (430,330 sq ft). [5] [23]