 Since its inception in the 1970s, the Bayan Lepas Free Industrial Zone has grown to become the "'Silicon Valley of the East"'.Motorola became one of the first multinational firms to set up a factory within the zone, followed by several other firms, such as Intel, AMD, Osram, Hewlett Packard, Bosch, Hitachi, Dell, Intel and Clarion.Due to the presence of multinational firms in Bayan Lepas, the town has received enormous amounts of foreign direct investment (FDI).