KUALA LUMPUR: The government is aiming for revenue contribution of RM2 billion to Malaysia’s gross domestic product (GDP) from biotechnology and bio-b...
Chang delivery his speech at the curtain raiser for National Bioeconomy Showcase 2024 today. – BernamapicThe government is aiming for revenue contribution of RM2 billion to Malaysia’s gross domestic product from biotechnology and bio-based industries by the end of 2024.
“This signifies a high level of confidence in Malaysia’s ability to contribute to the modernisation of a high-tech economy through biotechnology,” he said at the curtain raiser for National Bioeconomy Showcase 2024 today. He said several important announcements will be made at the event, including achievements in one of the targets of the National Biotechnology Policy 2.0 involving local precision medicine, as well as the growth of the biosimilar field in Malaysia.
He added that the aim is not only to attract investment and industry collaboration but also to win the hearts of Malaysians to embrace biotechnology in their daily lives. “We want to show that biotechnology can lead Malaysia towards a high-tech economic modernisation while being accessible and beneficial to all segments of society,” he said.
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