Pharmaceutical tech park to draw RM1.5bil


From left: Mohd Nazlee, Science, Technology and Innovation Ministry deputy secretary-general Prof Datin Paduka Dr Khatijah Mohd Yusoff, Liow, Ali, Al-Jomaiah chief investment officer Shan A. Ashary and Deputy Minister in the Prime Minister’s Department Datuk S.K. Devamany.

KUALA LUMPUR: Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) expects the pharmaceutical technology park in Alor Gajah, Malacca, to attract RM1.5bil (US$500mil) in investments in the next three years.

BiotechCorp chief executive officer Datuk Dr Mohd Nazleen Kamal said that the investments would include the cost to develop the park.

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