QUEENS ISLAND FINANCIAL DISTRICT

PULAU PINANG, MALAYSIA

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ABOUT QIFD

MALAYSIA’S FIRST INTERNATIONAL FINANCIAL AND LIFESTYLE ISLAND DISTRICT.

The Queens Island initiative is led by forward-thinking developers and stakeholders who envision a clean, connected, and curated international financial district, complementing Malaysia’s broader efforts under frameworks like:

  • National Investment Aspirations (NIA)
  • Penang2030
  • National Industry 4.0 Policy

While formal regulatory approvals and structures are in the planning phase, QIFD is being shaped with full awareness of national development goals and global best practices.

VISION

To position QIFD as Southeast Asia’s most trusted and dynamic financial district, enabling ethical, sustainable, and inclusive capital growth across borders and restructuring

MISSION

To attract Global Financial Institutions, Fintech Players, Islamic Finance Innovators, and Wealth Managers by offering a streamlined, regulation-light yet credible ecosystem that fosters trust, transparency, and technology-driven growth.

THE LOCATION: PULAU JEREJAK

STRATEGIC POSITIONING: CONNECTING MIDDLE EAST, INDIA & ASEAN

ABOUT PENANG

A Gateway Between East and West

Penang, often hailed as the “Silicon Valley of the East,” is a dynamic Malaysian state with a robust economy rooted in electronics, global manufacturing, tourism, and services.

With its strategic position along the Straits of Malacca, a thriving multicultural community, and a highly educated workforce, Penang is fast becoming a regional magnet for innovation, talent, and capital.

Penang is not just about industry — it is also Malaysia’s cultural gem, known for its heritage architecture, vibrant food scene, and livable coastal cities.

Pulau Pinang city
ABOUT PENANG

PENANG’S ECONOMIC STRENGTH

Penang is one of Malaysia’s top economic powerhouses, driven by a thriving electrical & electronics sector over 50 years of history, strong trade performance, a vibrant services industry, and a skilled talent pool that attracts global investors.

Top 3 Contributor to
Malaysia’s GDP

Leader in Electrical &
Electronics (E&E) exports

Home to 300+ multinational
companies, including major
semiconductor brands

Thriving services sector
including medical tourism,
logistics, and education

Strong human capital, with
Penang producing thousands
of STEM graduates annually

RM100 billion+ in annual trade

A Future-Forward Financial & Lifestyle Destination

DESIGNING TOMORROW’S FINANCIAL HUB WITH VISION

Designed with precision, QIFD unfolds across multiple zones, each with a unique role in shaping a global destination for business and leisure.

Phase I of the development, scheduled to commence construction in November 2025, will feature a hotel, a commercial building, and a bridge, laying the foundation for QIFD’s transformation into a premier financial and lifestyle destination.

The development of Pulau Jerejak will prioritize the preservation of its natural environment, with only 10% of the island designated for construction while the vast majority remains untouched greenery. All structures will be designed by renowned architects, ensuring a world-class standard that harmonizes with the island’s ecological and cultural heritage.

Zones Overview

Zone 1 – The Heart of QIFD

  • Phase 1: A landmark development featuring a luxury hotel, premium office tower, retail outlets, and a Global Marketplace.
  • Phase 2: Eight waterfront corporate office towers with retail spaces, setting the stage for global business connectivity.
  • Phase 3: The iconic International Financial Centre — two high-rise towers alongside a low-rise office and shopping mall.
  • Phase 4: A modern 3–4 star hotel with an adjacent office tower.
  • Phase 5: A prestigious 5-star hotel with suites and a world-class Convention Centre, designed to host international conferences.
  • Phase 6: Marina & Yacht Club, a premium nautical lifestyle hub.
  • Phase 7: Museum of Contemporary Art & Water Sports Centre, merging culture and recreation.
  • Phase 8: A jetty for water taxis and ferries, ensuring seamless connectivity by sea.

Zone 2 – The Lifestyle Residences

  • Phase 1: Celestia Heights Residences — modern homes with scenic views.
  • Phase 2: Aurora Cove Residences, where waterfront living meets urban elegance.
  • Phase 3: Ocean Crest Residences, designed for exclusivity and coastal luxury.

THE TRANSFORMATION OF PULAU JEREJAK INTO SELF SUSTAINING ECOSYSTEM IN QIFD.

While QIFD is set to be an operational financial authority with regulated jurisdiction, the master plan envisions a future where the island becomes a mixed-use international financial, cultural, and lifestyle zone — blending business with world-class urban living.

A GLIMPSE INTO QIFD’S FUTURE

Business & Professional Ecosystem

  • Future-ready offices for International Companies, Banks, Family Offices, and Advisory Firms
  • Co-working and Fintech innovation space.
  • Conference and event venues for global forums and dialogues
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qifd office and shopping mall concept

Lifestyle & Entertainment

  • Upscale dining, cafés, and retail promenades
  • Boutique hotels and wellness resorts
  • Entertainment hubs including galleries, theaters, and lives performances
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Culture & Tourism

  • Financial heritage museum and cultural centres
  • Public parks and ESG-compliant green spaces
  • Integrated residential towers for professionals and families
  • Waterfront boardwalks and cycling paths
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qifd museum concept

Accessibility

  • A luxury arrival terminal with yacht, and marina access
  • Helipad
  • Iconic architecture designed to become Penang’s newest global landmark
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Green & ESG Commitment

  • Environmental, Social, and Governance principles integrated into every stage of development.
  • Walking alleys and bicycle tracks illuminated with solar-powered lighting to ensure safety, accessibility, and eco-friendliness.
  • Spaces that encourage active, healthy, and sustainable lifestyles for residents, visitors, and businesses.
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Contact Us

Queens Island Financial District

Pulau Jerejak, Penang, Malaysia

📞 +604-6416 888

📧 info@qifd.my

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