Guidance Factories and Small and Medium Industry (SMI) Factories
Guidance Factories and Small and Medium Industry Factories (SMIs) were developed by the Penang Regional Development Authority Cooperatives with the aim of creating agro -based industrial activities in a complete and comfortable area and providing space for expansion.
Is an integrated entrepreneur development program in terms of:
- Provision of building infrastructure and complete facilities;
- Human capital development;
- Product development; and
- Branding development and promotion.
- Basic Conditions for SMI Factory Rental Application
The company produces food / beverage products;
- Has been in business for at least two (2) years;
- Bumiputera companies and registered with the Companies Commission of Malaysia (SSM);
- Priority is given to companies operating in the State of Penang;
- Have strong financial capability; and
- Have a good business plan.
The purpose of providing the premises is to provide opportunities for bumiputera entrepreneurs to increase income and develop the local area.
The provision of premises is in line with the function which is to develop, encourage, assist and undertake the development of housing, agriculture, industry and trade in areas.
The premises are rented to the target group with a minimum rental rate.
PERDA Food Park (PFP)
PERDA Food Park (PFP) in Kubang Menerong Tasek Gelugor is an initiative to increase the food processing industry based on agricultural products in the state of Penang. To date, 28 units of SMI factory buildings in PFP have been developed for rent on a site of 150 acres.