Explore more about the Creative Digital District @ George Town
CD² @ George Town is an initiative to bring life and jobs back into the George Town’s historic urban core, and to build a new innovation district focused on digital and creative industries that will complement existing industrial and economic hubs in the state and the northern region of Malaysia.
The district will be a “city campus” for education institutions, companies, arts and cultural organisations, and talent, as well as a meeting place for the community and their ideas. It will be the hub for Penang’s digital economy, creative industries and start-ups, and a destination for lifestyle, culture and the arts, and learning.
After the city’s fortunes waned following the revocation of its free port status in 1969, Penang pivoted towards large scale industrialisation and was home to Malaysia’s first free trade zone aimed at attracting export-oriented manufacturing industries. Over the past 50 years, Penang has built up a reputation as the “Silicon Valley of the East”. It has attracted many technology giants such as Intel, Dell, Advanced Micro Devices, Agilent Technologies, Osram, and Motorola, which set up their regional and global operations on the island. Today, Penang is home to over 300 MNCs and 3,000 SMEs in growth industries such as semiconductors, electronics, precision engineering, medical technology, Global Business Services and IT.
Hub for Penang's Digital & Creative Economy
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.
Future Plans Call for Collaboration
1. Godown 5 2. Godown 7 3. Godown 8 4. Church Street Pier 5. Simulator Centre 6. Weld Quay 7. Urban Community Park 8. Marina Building
As part of a larger Eastern Seafront Development (ESD) consisting of multiple development phases, MPDT has signed a 30-year concession agreement to redevelop the three existing Godowns and part of Tanjung City Marina as part of Phase I of ESD. The main goal is to boost the local and international tourism economy in line with the ‘Experience Penang’ and ‘Penang 2030’ tourism campaign.