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Perai Free Industrial Zone

From Wikipedia, the free encyclopedia

Perai Free Industrial Zone
Zon Perindustrian Bebas Perai
Perai Free Industrial Zone is located in Central Seberang Perai, Penang
Perai Free Industrial Zone
Perai Free Industrial Zone
Location within    Seberang Perai in    Penang
Coordinates: 5°21′52.3686″N 100°23′46.4166″E / 5.364546833°N 100.396226833°E / 5.364546833; 100.396226833
CountryMalaysia
StatePenang
City
 Seberang Perai
Establishment1980
Government
 • Local governmentSeberang Perai City Council
Area
[1]
 • Total202.69 ha (500.85 acres)
Time zoneUTC+8 (MST)
 • Summer (DST)Not observed
Postal code
13600
Area code(s)+6043, +6045

The Perai Free Industrial Zone (Perai FIZ) is a free trade zone within Seberang Perai in the Malaysian state of Penang. Located within the suburb of Perai and 4.7 km (2.9 mi) south of Butterworth, the Perai FIZ was established in 1980 with the aim of becoming a major manufacturing hub for bulk items, leveraging its proximity to the Port of Penang and the railway line that links it to the rest of western Peninsular Malaysia.[2][3]

The zone has since attracted numerous multinational companies such as Mattel, Flex, Sanmina, JinkoSolar and Honeywell.[4][5] In 2022, the Perai FIZ, along with other industrial estates within Central Seberang Perai, received RM1.05 billion of foreign direct investments (FDI), accounting for nearly 11% of Penang's total FDI that year.[6]

References

  1. ^ "Hot on Singapore's heels". The Business Times. 3 July 1992. Retrieved 2 February 2024.
  2. ^ Athukorala, Prema-chandra. "Growing with Global Production Sharing: The Tale of Penang Export Hub, Malaysia" (PDF). Australian National University.
  3. ^ Peter Nijkamp, Amitrajeet A. Batabyal (2016). Regional Growth and Sustainable Development in Asia. Springer. ISBN 9783319275895.
  4. ^ Manoharam, Gaeithry (July 2021). "Efficient Solid Waste Management in Prai Industrial Area through GIS using Dijkstra and Travelling Salesman Problem Algorithms" (PDF). Pertanika Journal of Science and Technology. University of Putra Malaysia. ISSN 0128-7680.
  5. ^ "Manufacturing Companies In Perai, Pulau Pinang, Malaysia". Dun & Bradstreet. Retrieved 31 January 2024.
  6. ^ "My Local Stats Seberang Perai Tengah Pulau Pinang 2022". Department of Statistics Malaysia. November 2023.
This page was last edited on 6 April 2024, at 07:02
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