RM75mil bio-tech plant in Cyberjaya

  • Business
  • Wednesday, 11 Aug 2004

THE Science, Technology and Innovations Ministry would be establishing a RM75mil plant in Cyberjaya, close to the Bio Valley in Sepang, to produce biotechnology products. 

Minister Datuk Dr Jamaluddin Jarjis said the plant would be managed by Inno-Bio Sdn Bhd, a government-owned company that comes under his ministry's Malaysia Industry Group of High Technology (Might). 

“We would like to establish a plant that would develop and produce biotechnology products in an area covering 8ha, where all the processes, products and management involved will be in accordance with international standard practices and regulations,” he said. 

He told reporters this in Shah Alam yesterday after calling on Selangor Menteri Besar Datuk Seri Dr Mohamad Khir Toyo to discuss areas in which the state and Federal Governments could enhance their efforts and co-operation in developing the biotechnology and information and communications technology sectors. 

Since the regulations were tight, he said the Government had already appointed a German contractor with expertise in building such a plant. He said Inno-Bio would be working together with a local contractor as well as a consultant firm from Finland. – Bernama  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Business News

KLCI futures to trade higher next week
CPO futures to move higher next week
Biden rescinds Trump-era health insurance requirement for new immigrants
Venezuelan court seizes newspaper office in defamation case
FTC officials say 7-Eleven purchase of Speedway chain likely illegal despite closing
GLOBAL-LNG-Asian spot prices hit $10 on global supply disruptions
With superheroes and sci-fi, Disney+ outlook bright
Picasso oil painting sells for over US$100mil at New York auction
Oil prices jump as major US fuel pipeline restarts but COVID concerns cap gains
GLOBAL MARKETS-US and world stocks surge in recovery; dollar, bond yields dip

Stories You'll Enjoy