Kota Kinabalu: A total of 488 companies with Bionexus and Bio-based Accelerator (BBA) status managed to generate a total profit of RM20.4 billion as of last year, said Deputy Minister of Science, Technology and Innovation Datuk Mohamad Yusof Apdal. Ta.
He highlighted that these companies have successfully attracted approved investments totaling RM8.3 billion, while creating nearly 15,000 job opportunities across the country.
Mohammad Yusof said that since 2021, more than 1,800 candidates have been enrolled in the BioAgrotech and Biopharmaceutical Employability and Entrepreneurship Specialized Training Program (BeST 2.0) and placed under these companies. He added that training is creating more skilled workers in this field.
“We want to create employment opportunities for our graduates while giving them the opportunity to explore business opportunities in the bioeconomy. It’s an initiative.”
“We hope that industry players will seize the opportunities presented by the Bioeconomy Corporation and that our joint efforts will always bear fruit and build a progressive bioeconomy business ecosystem. ” he said.
After inaugurating the Bioeconomy Roadshow 2024 here, which was also attended by Mohd Khair Fizal Abdul Razak, Chief Executive Officer of Bioeconomy Corporation, he told reporters that this roadshow is a national biotechnology He said this is consistent with the goals of Policy 2.0.
Mohammad Yusof said the roadshow highlighted common challenges faced by industry players, including limited access to financing, difficulties in certification and accreditation, market access constraints, and lack of a knowledgeable workforce. He said that the aim is to address.
“We encourage entrepreneurs, businesses and stakeholders in biotechnology and biology-based industries, especially the people of Borneo, to actively participate in the program and take advantage of the support provided by the Bioeconomy Corporation.” said.
Meanwhile, Mohd Khairul Fidzal said the Bioeconomy Corporation will register 120 candidates for the BeST 2.0 program through this year’s Bioeconomy Roadshow series, as well as recruiting 65 companies across the country to participate in the BioNexus and BBA status programs. He has made it clear that he is aiming to do so.
“Bioeconomy Corporation is conducting follow-up with these participants to ensure they are provided access to facilities and support.
“We believe that the Bioeconomy Roadshow, with the theme ‘Bioeconomy for All’, will create an innovative and competitive generation of entrepreneurs, businesses and talented individuals,” he said. added. – Bernama
