GEORGE TOWN: Penang Chief Minister Chow Kon Yeow (pic) is heading a 10-day investment and trade mission to the United States from Sunday (Aug 4) to Aug 14.
Organised by InvestPenang, the mission aims to renew ties and forge relationships with the corporate headquarters of US investors in Penang.
In a statement on Sunday, Chow said other objectives are to encourage the expansion of investors’ Penang sites and attract new investments.
“Additionally, the mission seeks to update American companies on the latest developments and opportunities available in Penang, including information on recent advancements in infrastructure and policy changes to facilitate investment.
“By enhancing visibility and further promoting Penang as a prime location, the mission also targets potential investors in the electrical and electronics (E&E), semiconductor, equipment, medical devices, integrated circuit (IC) design, digital global business services (DGBS), and digital economy industries,” he said.
The Chief Minister and InvestPenang delegates will take part in a series of meetings and site visits.
Chow added that the visit is a valuable opportunity to showcase Penang’s strengths, innovations and commitment to being a resilient and sustainable investment location.
He said he was enthusiastic about the mission’s prospects and looked forward to strengthening relationships with investors.
He also said the state’s administration would continue to operate seamlessly in his absence.