Malaysia - Taman Sains Penang
Penang Science Park is a dynamic industrial hub that accommodates multiple prominent companies, including Ibiden Electronics Malaysia, BYD electronics (M) Sdn Bhd, Federal Oats Mills Sdn Bhd, 99 Speed Mart Warehouse, Daviscomms (M) Sdn Bhd, and others.
This strategically located science park is situated in close proximity to significant destinations and major highways, making it a pivotal player in the industrial landscape.
Strategic Location and Connectivity at Penang Science Park
Positioned within a strategic geographical framework, Penang Science Park boasts remarkable accessibility to key industrial zones and vital highways, contributing to its prominence. Noteworthy distances include:
- 5km to Bukit Minyak Industrial Park
- 8km to Prai Industrial Park
- 10km to North-South Highway12km to Batu Kawan Industrial Park
- 20km to Butterworth
- 28km to Georgetown Penang
Landmark Partnership and Inauguration
Enovix Corporation and YBS International Berhad are set to commemorate the establishment of a new manufacturing facility at Penang Science Park with an official signing ceremony on August 1, 2023. Enovix, a leading advanced silicon battery company, and YBS International, an investment holding company engaged in electronics manufacturing, precision engineering, and more, are joining forces to advance clean technology in this industrial arena.
Jackie Yong Chan Chea, CEO of YBS International Berhad, expressed confidence in Enovix’s innovative battery technology and anticipated mutual growth and success. Ajay Marathe, COO of Enovix Corporation, highlighted the significance of this milestone for their scaling journey and acknowledged the potential collaboration with MIDA, the Northern Corridor Economic Region, and InvestPenang to achieve their goals. Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz lauded the collaboration for its positive impact on the clean technology sector. Yab Chow Kon Yeow, Chief Minister of Penang, emphasized the collaborative ecosystem’s role in bolstering growth and opportunities.
Property Acquisition and Expansion
YBS International Bhd’s subsidiary, Oriental Fastech Manufacturing Sdn Bhd (OFM), has initiated the acquisition of Penang Science Park from Penang Development Corp (PDC) for RM24.03 million cash. The property encompasses an industrial land area of 10.03 acres, accompanied by a building structure. The proposed acquisition, subject to formal agreements, reflects OFM’s commitment to expanding its industrial presence.
Taiwan’s Elite Material Co., Ltd. (EMC) is set to invest approximately RM186 million in a new factory at Penang Science Park. The expansion aims to increase monthly production capacity to 900,000 units in two phases. The construction, commencing in Q3 2023, will span approximately 14 acres and contribute to EMC’s growth strategy. The venture underscores the park’s appeal as a catalyst for industrial advancement.
Transformation in Building Systems at
Penang Science Park
Scandinavian IBS Sdn Bhd (SIBS) is propelling the construction sector forward by establishing a new plant at Penang Science Park. This strategic move is part of a RM500 million multi-phase investment to expand SIBS’s production lines to four, generating job opportunities and economic value. SIBS introduces disruptive prefabricated home solutions that significantly reduce construction time and costs while maintaining quality.
Penang Science Park, an epitome of industrial collaboration and innovation, continues to shape the landscape of industrial development, investment, and technology advancement.
Additional Details
- Total area: 415 acres
- Key industrial sectors: Semiconductor, Electrical & Electronics, Electronics Manufacturing Services (EMS), Light Emitting Diodes (LED), Automotive, Aerospace / Avionics, Food, Biotech, etc.
- Electricity supply: 11 KV serviced by TNB. Can be customized to 33 KV / 132 KV by TNB
- Wastewater treatment: Factories shall provide own treatment system on their premises to treat wastewater originating from their production process.
- Water supply: 150mm to 600mm mains laid underground along internal roads serviced by Pihak Berkuasa Air Sdn Bhd
- Drainage / flood protection: 300mm to 1200mm wide concrete roadside drains discharge to river reserve.
- Seaport: 24 km to Butterworth Port
- Airport: 36 km to Penang International Airport