The Penang government said it anticipates the first factory on Silicon Island, currently being reclaimed off the south end of Penang Island, will be constructed in 2026 and operational in 2027.
Silicon Island, formerly known as the Penang South Island, will consist of 2,300 acres of reclaimed land. The entire reclamation process is expected to be fully completed by 2032, with the full development spanning 25 years.
The state added that 40 acres of land have been reclaimed since the reclamation work began in September last year.“We hope to reclaim 1,000 acres of land by the end of next year. We foresee the first factory will start construction in 2026 and will start operation in 2027. Very soon, we will be able to groundbreak the first building on Silicon Island, which will mark a great milestone for Penang,” Zairil said during his speech at the Geotechnical Engineering Seminar 2024 at Ascott Gurney Penang today.
“Silicon Island represents the future of Penang, much like Bayan Lepas was in the 70s when it was transformed from a swampy agricultural backwater into a premier industrial zone in Malaysia, state exco for the project said.