CORPORATE PROFILE

The Penang Development Corporation (PDC) was established under the Penang Development Corporation Enactment 1971 with the following objectives:-

(i) To spearhead Penang's socio-economic development

(ii) To assist in eradicating poverty and creating employment opportunities

(iii) To improve the quality of life for the people of Penang

The core activities of the PDC, a self-funding statutory body, are :

(i) Land Development

- Industrial park development

- New township development

- Housing development

- Urban renewal

- Land acquisition and reclamation

- Tourism product development

(ii) Investment

- Education

- Hotel / Recreation

- Consultancy Services

- Healthcare

- Property Development

- Construction

- Aquaculture / Agrotech

- Events & Advertising

- Management of high rise buildings

- Telecommunication facilities provider