Today is a special occasion for Jinkosolar to launch its facility plant in Penang, Malaysia. At this important moment, please allow me to represent the people of Penang to give you a very warm welcome!
China is progressively emerging to be the world leader in the field of solar energy. From the photovoltaic industry value chain point of view, China accounted for more than 60% of the polysilicon production capacity, and more than 80% of the solar cell and module capacity.
Jinkosolar is the leader in the field of solar energy development. Its integrated industry value chain is ranked the world’s top three currently. Jinkosolar plans to have distribution of globalized industry value chain in South Africa and Portugal, and now in Penang, Malaysia.
Penang is a location of chance for investment and destination of choice for tourists. We contribute 25% of Malaysia’s exports and imports and host all the top electrical and electronic companies in the world. This is reflected in Penang being a fully industrialized state with both manufacturing and services contributing 95% of Penang’s GDP of RM 63 billion in 2013. To escape the middle – income trap and be a high income economy, Penang seeks to transform itself into an international and intelligent city that is clean, green, safe and healthy. To be an international city we must be livable, a hub for art and culture. We are proud that Penang is the most livable city in Malaysia according to ECA International. Penang has an UNESCO World Heritage Site in Georgetown and we are gaining a reputation as Malaysia’s entertainment city.
More importantly Penang believes in good governance to spur economic prosperity and our CAT governance of competency, accountability and transparency has enabled Penang to fight corruption adopt open tenders that has won praise from Transparency International. Indeed Penang is a platform for the young and a promise for a brighter tomorrow because we are committed to preparing the future for the young and also preparing our young for the future. We thank you for coming to Penang and are confident that you have made the right choice!
Last but not least, I sincerely wish Jinkosolar have a flourishing business in Penang, Malaysia and a thriving prosperous future.
Thank you everyone.