Bayan Lepas Free Industrial Zone

The Bayan Lepas Free Industrial Zone (Bayan Lepas FIZ) is a free trade zone within George Town in the Malaysian state of Penang. Located adjacent to the Penang International Airport and 12 km (7.5 mi) south of the city centre, it is a high-tech industrial park widely regarded as the Silicon Valley of the East.

Bayan Lepas Free Industrial Zone
Zon Perindustrian Bebas Bayan Lepas
Bayan Lepas Free Industrial Zone
Location within    George Town in    Penang
Coordinates: 5°18′2.16″N 100°17′24″E
CountryMalaysia
StatePenang
City George Town
Establishment1972
Government
  Local governmentPenang Island City Council
Area
  Total600 ha (1,400 acres)
Time zoneUTC+8 (MST)
  Summer (DST)Not observed
Postal code
11900
Area code(s)+6046

Created in 1972 as Malaysia's first free trade zone, the Bayan Lepas FIZ played a critical role in Penang's economic diversification and is now home to various multinational corporations, including Bosch, Motorola, Dell, Intel and Hewlett-Packard.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.