Established in August 2006, the Wawasan Open University Library was initially set-up as a reference library to serve the needs of the University's course developers. It was then temporarily based at 51-20 Menara BHL, Jalan Sultan Ahmad Shah, Penang. In December 2007, the Main Library moved to the University newly built campus located across the road. It was then temporarily based at 51-20 Menara BHL, Jalan Sultan Ahmad Shah, Penang. In December 2007, the Main Library moved to the University newly built campus located across the road. Currently, the Library occupies two floors of the tower block of the Albukhary Building. Needless to say, its original function has been expanded to include provision and management of scholarly information resources for teaching, learning and research needs of faculty and students of the University. In 2010, the Library was named as the Tun Dr Lim Chong Eu Library in honour of the founding Chancellor of the University. In 2012 the University Library and DISTED College library, Penang open their doors to each other as part of the WOU-DISTED integration plan. The aim is to further support academic excellence through provision of better services, more resources and conducive environment that facilitates research and curricular goals. Both WOU and DISTED College are wholly owned by the Wawasan Education Foundation, a tax-exempt entity.

To ensure that distance learners are provided with library services and resources that are equitable to those available to on-campus students, WOU Regional Centers in Johor Bahru, Ipoh, Kuala Lumpur, Kuching and Penang are equipped with library facilities. A core collection is deposited in these libraries for reference and borrowing. The collection includes both print and audio-visual materials. The core collection is intended to enhance course materials provided to distance learners. Electronic resources are accessible 24/7 to distance learners regardless of location. Electronic services such as inter-library loan, document delivery request, reference enquiries etc. are available via the Web. The number of regional centres libraries is expected to grow in the next few years.