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Malaysia · Economy & Business · Hard

Which major free trade zone on Penang Island, established in 1972, transformed the state into a global electronics manufacturing hub known as the 'Silicon Valley of the East'?

Answer: Bayan Lepas Free Industrial Zone — The Bayan Lepas Free Industrial Zone was one of Malaysia's first free trade zones, attracting multinationals like Intel, AMD, and Agilent, and making Penang a major node in the global semiconductor supply chain.

The Bayan Lepas Free Industrial Zone was one of Malaysia's first free trade zones, attracting multinationals like Intel, AMD, and Agilent, and making Penang a major node in the global semiconductor supply chain.

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