The USD 120,000 prize-fund event, previously known as the Women's World Open, will get underway at the Nicol David International Squash Centre with the later rounds scheduled on an all-glass showcourt at the Penang International Sports Arena.
The announcement was made today after the Women's Squash Association reached an agreement with the Penang government.
The WSA's premier event will be staged for the first time in Penang, the home of defending champion and World No.1 Nicol David.
The 2014 edition of the championship will take place later in the year.
