GEORGE TOWN: Human Resources Minister Steven Sim Chee Keong urged Penang to transition from low-cost manufacturing to an innovation-focused economy under the Penang 3.0 vision. Speaking at the iNPenang International Awards 2025 on June 21, Sim emphasized supporting local start-ups for high-value creation, moving from “Made in Penang” to “Made by Penang.” He highlighted the need to develop local talent, technology, products, and trademarks. Sim also praised the state government’s infrastructure projects, like the Penang International Airport expansion and Mutiara Line LRT, to enhance economic prospects and maintain Penang’s global competitiveness. Innovation-Driven Economy…
Innovation-Driven Economy
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