The KSI Strategic Institute for Asia Pacific was delighted to host its first physical event since the first quarter of 2021 in Penang. Jointly organised with the Wawasan Open University and MICCI Penang, the Penang Future Forward Summit took place on 25 October 2021 to provide a platform for the various captains of industry and civil societies to formulate successful strategies, capitalise on technological change and shape a more resilient, sustainable and competitive future for the state.
The joint welcoming speeches were delivered by Tan Sri Michael Yeoh, President, KSI Strategic Institute for Asia Pacific; Mr Michel Van Crombrugge, Chairman, MICCI Penang; and Tan Sri Dr Koh Tsu Koon, Chairman, Board of Governors, Wawasan Open University.
The Governor of Penang, TYT Tun Dato’ Seri Utama Ahmad Fuzi bin Haji Abdul Razak delivered the Opening Address. In his speech, the Governor highlighted that Penang can expect a faster economic recovery if the authorities can effectively contain the Covid-19 Pandemic and sustaining economic growth would remain a challenge for the remainder of the year right up to early 2022. The global demand for electronics and electrical products, the entry of several Fortune 500 companies into the Batu Kawan Industrial Park as well as the introduction of the Penang Transport Master Plan were among the contributing factors that would accelerate the state’s economic recovery.