GEORGE TOWN: The state government has set up two advisory panels to spearhead efforts to turn Penang into a top notch location of choice for investors in the manufacturing and services sectors.
Chief Minister Lim Guan Eng said the panels -- Penang Industry Advisory Panel and the Penang Services Advisory Panel -- would propel the growth of the two main contributors to the state's economy.
"These panels will provide the window of opportunities for experienced industrialists and businessmen to participate and further contribute to the economic growth of Penang.
"The two advisory panels will comprise experts from different backgrounds, experiences and skill sets from the industry and services sectors. The establishment of both Advisory Panels will enable the state to harness the breadth and depth of the expertise, skills and experiences of the members," he said.
Read more here.
3 comments:
They should also considering raising it one notch in the way the International Advisory Panel was initially run to raise the profile of the MSC in Cyberjaya. That panel comprised for members some of the MNC CEOs in the industry and they did provide insights on how the MSC could be escalated. So the two Penang Advisory Panels here should consider inviting a few regional CEOs who can share their observations on what other industries would also be appropriate for the island as much the buying, technology and skillset trends of those industries that are housed on the island at the moment.
And if they decline, the fallback position is to get a few academic luminaries to come onboard and share their views to make the meetings more insightful by the configuration of the triple helix (academic-industry-government) written elsewhere.
One of the things the island should look at is the possible niche positioning as a seasian center for midlevel innovation. By that i mean designing and making products (or services) which can be launched on a commercial scale within twelve months of conception that fit into some niched needs of the modern consumer with functionalities that can translate as overall cost savings in an increasingly cost-conscious market.
just shootin' again;
;P
Hi de minimis,
I know that LGE is really serious about this and has done a lot of groundwork. Three of my friends are on those two panels and another one was approached last Friday for some possible IT inroads. As a Penangite, I lament that we are many years behind other countries when we should have been leading the pack in Malaysia...all because of..
hi mws
I'm pretty impressed with what LGE's been doing. The Panels can be useful to help with the strategic positioning of Penang for investment. I really hope that the Panels will look at how to get the local suppliers of goods and services together in clusters so that they can offer an attractive base for indigenous industrial growth in addition to FDI growth. In the longer term it is the indigenous growth that will benefit Malaysia.
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