Biotech Master Plan (2005-2020) Is On Track?

According to Science Technology and Innovation Minister Dr Maximus Ongkili, the first phase of the Biotech Master Plan (2005-2020) is on track.

Currently there were 56 BioNexus-status companies, and about 70 more companies were being targeted to achieve the status by year-end.

The total investment to date is RM1billion from the 56 companies and The Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) are targeting RM20 billions by 2010. The BiotechCorp also targeting 40,000 knowledge workers by 2010.