The Penang Development Corporation (PDC), established on 17 November 1969 is the premier development agency of the State Government of Penang.
Since its incorporation, the PDC has been tasked with the responsibility of spearheading socio-economic growth, creating employment and improving the quality of life of the people of Penang.
Its principal activities include being the government think-tank, industrial park development, township development, urban redevelopment, affordable housing and investments.
Since its inception, PDC has chartered new waters and its efforts in industrial and housing development have positioned Penang as a leading industrial, tourism and services hub in the region.
PDC’s vision ‘To be the premier State agency in making Penang a better place for all through sustainable socio-economic development’ serves as a guide in all its development plans for Penang and its people.
The Corporation’s strategies include planning and developing industrial areas complete with good infrastructure and facilities, increasing land bank in strategic areas for industrial and mixed development, providing affordable housing for all strata of society, rejuvenating Penang’s city center through strategic redevelopment and revitalization plans for KOMTAR and the Greater KOMTAR area, and to spearhead the planning and development of the new township of Batu Kawan.
PDC will continue to play an instrumental role as the catalyst of growth in Penang; working in tandem with the public and private sector as its partners in progress, and in line with the State’s vision of achieving international city status.