Beach Street Central Business District (George Town)

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Beach Street Central Business District (Beach Street CBD) is the primary central business district (CBD) within the city of George Town. Ever since the establishment of George Town in 1786, Beach Street is home to numerous international banks, financial services and multinational companies (MNCs). During the heyday of British colonial rule, the Port of Penang (now located in Seberang Perai) was sited here as well, with Weld Quay in particular lined with sea-fronting European trading firms.

Currently, the banks that operate regional branches here include HSBC, Standared Chartered, Bank of China, OCBC, UOB, Bank Negara Malaysia, CIMB and Maybank. In addition, government and private institutions are sited within this CBD as well, including the Royal Malaysian Customs Department and the Malaysian Inland Revenue Board (LHDN). Two major co-working spaces - aCAT Penang and SPACES Beach Street, are also sited within this CBD.

The CBD, which covers the George Town Rapid Ferry Terminal and the Weld Quay Rapid Penang bus terminal, is also a major intra-city public transportation hub.
 downtown / central business districtbusiness district
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Coordinates:  5°24'58"N 100°20'27"E
This article was last modified 4 years ago