This book evaluates the economic complementarities and competitiveness of the IMT-GT and its huge potential impact on manufacturing and industrial development in Penang. It decisively assesses Penang's strengths and weaknesses as a regional business centre; analyses critical success factors underpinning the burgeoning flow of foreign direct investment into Penang; summarizes relevant tax aspects and investment incentives; describes Penang's banking system and labour market conditions; and uses Singapore's economic structure to illuminate how global investors can evaluate the threats and opportunities within the IMT-GT.
Growth triangles cannot be overlooked in strategic investment decisions concerning South-east Asia, and this book is designes to be a practical and indispensable reference in differentiating Penang's regional hub role from traditional nationwide trading blocs and localised export processing zones.
- The Penang Economy
- Forms Of Business And Incentives
- Banking And Labour Markets
- Labour Legislation And Development
- Overview Of Success Factors
- Speech Highlights