Intel Expansion Plans Discussed by InvestPenang and Kon Yeow During Project Freeze
Friday, 6 September 2024, 22:11
Intel Expansion Plans Under Discussion
The Penang government’s investment arm, InvestPenang, is in communication with Intel regarding its expansion plans in Penang. Chow Kon Yeow, the Penang Chief Minister, confirmed that discussions are ongoing despite recent reports indicating a project freeze. InvestPenang is prioritizing the facilitation of investments that could significantly impact the local tech ecosystem.
Focus on Future Collaborations
As the situation evolves, both parties are looking into various pathways that could lead to fruitful collaborations.
- Assessing new opportunities in tech innovation
- Understanding market needs
- Enhancing local infrastructure
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.