GEORGE TOWN, Nov. 13 -- Penang is banking more on its services sector as it continues to expand its Penang IC Design and Digital Park with the construction of a fifth Global Business Services (GBS) building in the pipeline.

Penang Chief Minister Chow Kon Yeow said the services sector in the state has surpassed its manufacturing sector about five years ago.

"The services sector superseded the manufacturing sector as the top GDP contributor in the state and it will remain the top contributor with the growth of digital economy," he said in his keynote address at the 7th Penang GBS Conference 2025 here this morning.

He said Penang's GDP stood at RM116 billion last year which makes up seven per cent of the country's total.

"The services se...