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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]
Bayan Lepas Free Industrial Zone, George Town, Penang; Hulu Klang Free Trade Zone (Statchippac, Texas Instrument) Kulim Hi-Tech Park, Kedah; Melaka Batu Berendam Free Trade Zone (Texas Instrument, Dominant Semiconductor, Panasonic) Pasir Gudang Free Trade Zone, Johor; Port Klang Free Zone, Klang, Selangor
It has the potential to be a world-class trade destination by leveraging on strong relationships with Sumatra and Thailand. The region's border towns such as Pengkalan Hulu-Betong (of Yala province ), Padang Besar, Bukit Kayu Hitam-Sadao and Durian Burung-Ban Prakop (of Songkhla ) are gateway towns between Malaysia and Thailand that hold ...
Print/export Download as PDF; Printable version; In other projects ... Bayan Lepas: 130,455 31.9 4,089 Sungai Pinang 2,323 2 1,162 Sungai Rusa 2,817
Originally founded as an entrepôt, George Town's diversified economy is powered by the twin major sectors of manufacturing and services. Penang's path to industrialisation began in the 1970s with the establishment of free industrial zones at Bayan Lepas and Perai.
Bayan Lepas is a suburb of George Town in the Malaysian state of Penang.Located near the southeastern tip of Penang Island, 15 km (9.3 mi) south of the city centre, it is home to the Penang International Airport, the third busiest airport in Malaysia, as well as one of the oldest free industrial zones in the country.
As a part of this economic transformation, the Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) was established in 1972. [75] The zone has played a significant role in Penang's economic growth over the decades since.
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