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Malaysia's Free Industrial Zones exported RM106.7 billion in the first half of 2026, demonstrating robust growth momentum. Exports through FIZs increased 9.3 per cent in 2025 to RM188.3 billion, with Penang leading expansion.
Prime Minister Anwar Ibrahim has called for strategic coordination among Bumiputera development agencies in Penang to position the state as a leader in Bumiputera economic participation, backed by RM5 million for semiconductor sector expansion.
Penang has appointed PwC to prepare foundational documents for the Penang International Financial Centre, leveraging the state's electronics supply chain expertise to build a technology-driven financial ecosystem.