Hub for Penang’s Digital & Creative Economy
CD² @ George Town is the pilot project under the CD² initiative. Its aim is to be an Innovation District focusing on digital technologies, for example software, artificial intelligence, data analytics, automation, and process virtualization, as well as the creative arts. This initiative is envisaged to bring life and jobs back into George Town’s historic urban core.
Digital technologies are key in transforming Penang’s economy. For example, there is a need for manufacturers to embrace automation and digital capabilities such robotics, artificial intelligence, and machine learning. There has also been a rapid convergence of software and hardware, and the proliferation of software-enabled services. CD² @ George Town aims to be an ecosystem of digital tech companies, both large and emerging start-ups, supported by a skilled talent pool. Similarly, Penang seeks to establish a culture and design cluster to develop creative talent, products, and services.
The nucleus of CD² @ George Town is centred at Gat Lebuh China. Within a 2-block stretch are the city campus and creative design hub of Universiti Sains Malaysia and Wawasan Open University (WOU)’s School for Digital Technology, companies from the tech and digital industries, arts and cultural institutions, as well as Digital Penang, Penang Institute, and Think City. Details of key organisations in CD² @ George Town are available in the Annex. The planning and execution of CD² @ George Town is led by the George Town Conservation and Development Corporation, a tripartite partnership between the Penang State Government, Think City, and the Aga Khan Trust in collaboration with other statutory agencies, academia, and industries.