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Showing posts with label Penang Development Corporation (PDC). Show all posts
Showing posts with label Penang Development Corporation (PDC). Show all posts

Thursday, May 18, 2017

Boost for Bayan Lepas: Global biz hub for Penang

Hi-tech facility aims at rejuvenating economy in Bayan Lepas 


An artist’s impression of the proposed GBS By The Sea project in Bayan Lepas.

Penang Development Corporation (PDC) general manager Datuk Rosli Jaafar said the RM200mil project dubbed ‘GBS By The Sea’ would be part of a rejuvenation exercise for the Bayan Lepas industrial area.Hi-tech facility aims at rejuvenating economy in Bayan Lepas
“The project, which will be located beside the Motorola factory, will also be used as a catalyst to rejuvenate the economy.

“Under the first phase, 2.7ha of space will be developed and will feature a nine-storey seafont building which will house the Multimedia Super Corridor Malaysia Cybercentre,” he said after announcing the project in Komtar on Tuesday.

Rosli added that there would be a multi-storey 2,500-bay car park complex, retail and F&B outlets, and also an integrated centre for IT and R&D activities.

“The futuristic hub will also have a central meeting place for people to meet up.

“It will also harness natural sunlight as lighting, making it an environment-friendly development.

“When completed in 2020, the project will create some 3,000 jobs,” he said.

Chief Minister Lim Guan Eng, who was present, said the project would provide higher value jobs in the manufacturing industry through expansion and diversification of the GBS business.

“Penang aims to be part of the Industry 4.0 Transformation, which revolves around big data analytics, e-commerce, crowdsourcing, cloud computing and the Internet of Things.

“GBS By The Sea is expected to attract many key international players into the state,” he said.

Lim added that according to a study by Outsourcing Malaysia, the country’s GBS sector is expected to see a compounded annual growth rate of 10% to 15% over the next three years.

Global biz hub for Penang 


Part of the buildings to be built at the GBS centre.

PENANG has identified a 72.8ha site in Bayan Lepas to be turned into a Global Business Services (GBS) centre.

Penang Development Corporation (PDC) general manager Datuk Rosli Jaafar said the RM200mil project dubbed ‘GBS By The Sea’ would be part of a rejuvenation exercise for the Bayan Lepas industrial area.

“The project, which will be located beside the Motorola factory, will also be used as a catalyst to rejuvenate the economy.

“Under the first phase, 2.7ha of space will be developed and will feature a nine-storey seafont building which will house the Multimedia Super Corridor Malaysia Cybercentre,” he said after announcing the project in Komtar on Tuesday.

Rosli added that there would be a multi-storey 2,500-bay car park complex, retail and F&B outlets, and also an integrated centre for IT and R&D activities.

“The futuristic hub will also have a central meeting place for people to meet up.

“It will also harness natural sunlight as lighting, making it an environment-friendly development.

“When completed in 2020, the project will create some 3,000 jobs,” he said.

Chief Minister Lim Guan Eng, who was present, said the project would provide higher value jobs in the manufacturing industry through expansion and diversification of the GBS business.

“Penang aims to be part of the Industry 4.0 Transformation, which revolves around big data analytics, e-commerce, crowdsourcing, cloud computing and the Internet of Things.

“GBS By The Sea is expected to attract many key international players into the state,” he said.

Lim added that according to a study by Outsourcing Malaysia, the country’s GBS sector is expected to see a compounded annual growth rate of 10% to 15% over the next three years.

Also present were Deputy Chief Minister Datuk Mohd Rashid Hasnon, investPenang general manager Loo Lee Lian and other state exco members.

Penang homes priced beyond reach of most youths 


More than 90% of respondents surveyed hope to own property but only half believe that it is possible.

THE majority of youths in Penang have no choice but to rent due to high property prices.

Most (73.2%) are staying in a property owned by a family member or a relative and many (93.7%) are hoping to own a house within the next five years.

These are some of the findings of an opinion poll carried out by the state government on a sample group of 606 youths, aged 18 to 29.

Penang Institute senior analyst Yeong Pey Jung (pic) said an overwhelming 90.2% of respondents found it difficult to purchase property in Penang while 43.4% revealed that it was not difficult to rent a property here.

“In looking at the responses on perception towards property prices, 91.8% found prices in Penang to be considerably expensive while 69.3% are of the opinion that affordable housing in Penang is not affordable.

“If we look into the 24 to 29 age group, who have a higher purchasing power, 81.7% conclude that affordable housing is unaffordable. This is a phenomenon observed throughout Malaysia especially in urban areas,” she told a press conference on the outcome of the Penang youth survey in Komtar on Tuesday.

Yeong added that more than 90% of respondents hoped to own property but only half of them believe that it is possible.

“The telephone survey, which was conducted in February this year, was to find out how Penang youths feel towards social, economic and political concerns.”

The survey also showed that over 70% of youths involved in community projects were not interested in taking up leadership roles.

They also expressed a general disinterest in politics.

In terms of health, more than half of youths engaged in regular exercise.

About 56.4% found difficulty in gaining employment, a sentiment shared by their peers and immediate social circle.

Penang Youth and Sports, Women, Family and Community Development Committee chairman Chong Eng said the survey was an initiative towards the Penang Youth Development Blueprint.

“The blueprint will be inclusive and function as a guide to encourage social upward mobility and enhance the youths’ development socially, economically and politically.”

The next phase is to conduct a focus group discussion and in-depth interviews with all sectors of the youth community.

Sources: The Star/ANN

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Forum: Vital role for Penang in growing the GBS sector  http://www.thestar.com.my/metro/community/2016/10/01/forum-vital-role-for-penang-in-growing-the-gbs-sector/


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Penang deals with S’poreTemasek to build RM1.3bil Business Process Outsourcing Prime in Bayan Baru complex

Joining forces: Temasek Consumer & Real Estate head and Southeast Asia head David Heng (fourth right) exchanging the agreement documents with PDC general manager Datuk Rosli Jaafar. The event is witnessed by Lim (centre).

Penang Development Corporation (PDC) has inked a joint venture agreement with two Singapore-based companies to develop a RM1.3bil Business Process Outsourcing Prime (BPO-Prime) Complex in Bayan Baru.

The complex will be built on a 2.8ha of land where the PDC office is located currently.

Chief Minister Lim Guan Eng, who witnessed the agreement signing ceremony, said the collaboration with Temasek Holdings and Economic Development Innovations Singapore is a testimony of confidence and trust the international business community has in the future of Penang.

“BPO-Prime will represent the prime business hub in Malaysia’s Multimedia Super Corridor at Penang Cyber City 1 in Bayan Lepas with a gross developmental value of RM1.3bil and gross floor area of minimum RM1.6mil sq ft,” Lim said.

He added that the project would start in 2016 and was expected to finish by 2019.

Lim said BPO-Prime would be the catalyst for the Penang’s industrial transformation, such as creating a new cluster of economic development in BPO, Knowledge Process Outsourcing and Information Technology Outsourcing.

“It will also become the home to multinational companies and it is estimated to create 4,000 high-income and quality job opportunities.

“Its high value added ser-vices hub includes customer operations, data processing, back office administration, accounting, technical support, transcription, software development, IT consultancy and disaster recovery services,” he said.

Lim said BPO-Prime would ensure progress in economic vibrancy, social development, liveability and sustainability.

“The Shared Services Outsourcing (SSO) sector has achieved rapid growth over the years and the state’s SSO is providing more than 8,000 high-income jobs to locals as well as serving both regional and global markets,” he said. - By The Star

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