China is top foreign investor in Penang

Wu-Jun-penang-malaysia-1GEORGE TOWN: China is emerging as the biggest foreign investor in Penang, according to China’s consul-general here, Wu Jun.

He said much progress had been made since the official opening of the Consulate-General of China in Penang.

The Star quoted Wu Jun as saying: “In April 2017, the Sanya City of Hainan Province signed a memorandum with Penang Island City Council to become sister cities.

“In May 2017, a fleet of Chinese navy vessels made a historical call on Penang Port, demonstrating the mutual political and military trust between China and Malaysia.

“In June 2017, the China Visa Application Service Centre in Penang was launched to provide convenient visa processing services for the people in northern Malaysia travelling to China.”

Wu Jun added: “Yesterday, the China Cultural Night was successfully organised by the consulate, the state government and the People’s Government of Chengdu.”

Wu Jun said this at the Celebration of the 68th Anniversary of the Founding of the People’s Republic of China in the grand ballroom of The Top @ Komtar Penang on Monday.

China has been celebrating National Day on Oct 1 since 1949.

Wu was optimistic that there would greater cooperation between the two nations and that the people would be able to see the fruits of this collaboration in the years to come.

In opening the visa centre in June, Wu Jun had said that bilateral relations between Malaysia and China were “at the best level” in history and that the two nations were fostering closer relations under the Chinese-led Road and Belt initiative.
“I believe that the establishment of the Penang (visa) office will further improve the exchanges between Malaysia and China,” he had said.