GEORGE TOWN: Frequent water supply disruptions, high industrial land prices and talent shortages are among the challenges faced by the Penang government in its effort to position the state as the Silicon Valley of the East.
Chief Minister Chow Kon Yeow said that challenges for the digital economy sector include the lack of Grade A office spaces or MSC Cybercentre buildings capable of meeting high investor demand, as well as competition from other states and countries in offering attractive incentives.
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