THE EVOLVING GLOBAL trade landscape presents numerous opportunities for Malaysia to capitalise on. Penang, with its robust electrical and electronics (E&E) supply chain, is particularly well-positioned to attract multinational corporations and local businesses. Recent trends such as friendshoring[1], de-risking[2] and the China Plus One strategy[3] have prompted multinational corporations to reconfigure their supply chains. Countries with established industrial capabilities, supportive government policies and a skilled workforce—like Malaysia—are becoming increasingly attractive destinations. Penang has witnessed a surge in manufacturing investments over...