GEORGE TOWN, Oct 30 — The Penang government hopes to sell the first industrial plots on Silicon Island as early as the first quarter of 2027, said Penang Chief Minister Chow Kon Yeow.

He said the development on Silicon Island will focus on the 700-acre Green Tech Park which is planned as a green, smart and sustainable high-tech industrial hub in line with environmental, social and governance (ESG) principles.

“The sale of the first industrial plots is expected to begin as early as the first quarter of 2027 to attract high-value investments, particularly in the semiconductor, automated test equipment, integrated circuit design and medical device sectors,” he said when tabling the Supply Bill at the state legislative assembly today.