Penang state is today the third-largest economy amongst the states of Malaysia, after Selangor and Johor. It is also the third main city and hub in Malaysia after Kuala Lumpur and Johor Bahru, serving the northern region. Manufacturing is the most important component of the Penang economy, contributing 45.9% of the State's GDP (2000). The southern part of the island is highly industrialised with high-tech electronics plants (such as Dell, Intel,AMD, Altera, Motorola, Agilent, Hitachi, Osram, Plexus, Bosch and Seagate) located within the Bayan Lepas Free Industrial Zone. In January 2005, Penang was formally accorded the Multimedia Super Corridor Cyber City status, the first outside of Cyberjaya, with the aim of becoming a high-technology industrial park that conducts cutting-edge research. In recent years, however, the state is experiencing a gradual decline of foreign direct investments due to factors such as cheaper labour costs in China and India.tvb now,tvbnow,bttvb1 V4 F5 E7 d) R6 i l
The entrepôt trade has greatly declined, due in part to the loss of Penang's free-port status, but also due to the active development of Port Klang near the federal capital Kuala Lumpur. However, there is a container terminal inButterworth which continues to service the northern area.5.39.217.77 u4 l1 ^, [) c/ M( P( n
Other important sectors of Penang's economy include tourism, finance, shipping and other services.公仔箱論壇 U" N% b$ x, U0 ^
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