Geography
Situated along the north-western coast of the peninsula, Penang is Malaysia’s only “island state”. Locals are fondly known as Penangites, many of whom will proudly tell you that the state comprising a population of approximately 1.5 million, is a close-knit community of diverse ethnicities, cultures and dialects. One of Malaysia’s premier holiday destinations, the 285km2 island is separated from Seberang Prai (formerly Province Wellesley) – a hinterland of 737km2 on the mainland, by a narrow 3km channel.
You can either cross the channel via the iconic Penang Bridge or by the ferry – the latter being a “must experience” simply because it is synonymous with holidaying here. Soon, visitors will have the option of using the new Second Penang Bridge which is expected to be completed in 2011.
The Economy
From the 1970s to the late 1990s, the state’s Free Trade Zone in the Bayan Lepas area was one of Asia’s largest electrical and electronics manufacturing bases. The area south of the island is now the Bayan Lepas Free Industrial Zone. Key exports include electrical and electronic products, semi-conductors, computer products, medical devices, textiles, gold and jewellery.
Penang’s medical tourism and education sectors continue to grow steadily as the state’s industrial sector moves towards high-end manufacturing activities and up the value-chain. The service sector driven by knowledge-based workers is the next frontier as the state focuses on research and development and innovation.
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