GEORGE TOWN, June 20 -- Penang has sufficient land to meet industrial needs in the state for the next 10 to 15 years, according to Penang Chief Minister Chow Kon Yeow.

He said today there was a perception that the state is short of industrial lands but in reality, the state still has lands that can be developed for use.

"Land is not an issue, currently, we have about 809.4 hectares (2,000 acres) of land in the pipeline in varying stages of completion," he told reporters after launching the Penang Industrial Masterplan 2030 at Eastin Hotel here.

He said the Batu Kawan industrial park that is about 404.7 hectares (1,000 acres) took about 15 years to be developed since 2008.

Chow said the demand for industrial land was also not that high...