Penang-Kulim to get national tech financing hub
Deputy Finance Minister Datuk Seri Liew Chin Tong proposed creating a national one-stop centre in Penang-Kulim to provide integrated financing for semiconductor and deep-tech ventures.
Source: Malay Mail · July 21, 2026 at 8:29 AM · AI-assisted report
Single-source
PENANG, 21 JULY 2026 —
Deputy Finance Minister Datuk Seri Liew Chin Tong proposed creating a national one-stop centre in Penang-Kulim to provide integrated financing for semiconductor and deep-tech ventures.
Market Impact
The centre would bridge the gap between deep technology and capital, he told the Edge-HSBC E&E Symposium 2026 in Kuala Lumpur, positioning Malaysia alongside Silicon Valley, Hsinchu and Brainport Eindhoven as a top-tier tech cluster. Liew invited regulators, venture capital and private equity firms to help design the centre, so investors can back a national story built on Malaysia’s regulatory credibility.
Electrical and electronics goods already make up 40% of Malaysia’s exports, the largest share of any category, according to Liew. Outside China and Taiwan, Malaysia handles about 13% of the world’s semiconductor assembly and testing, he said.
Liew urged the capital market to treat Malaysia as a technology nation, not just a trading hub. He called on venture and private capital to move upstream into design and intellectual property, where value is highest. He also asked market institutions to deepen liquidity, expand ratings coverage and accelerate growth in the semiconductor sector.
Related: Penang