Govt to allocate RM7mil to stimulate biotech industry, says PM


KUALA LUMPUR: A total of RM7mil will be allocated to stimulate the development of the biotechnology industry which includes an allocation for international conferences, says the Prime Minister.

Datuk Seri Ismail Sabri Yaakob said the allocation included RM5mil for the Bio-based Accelerator (BBA) programme under Bioeconomy Corporation. The decision was made following a recent consultation between the Science, Technology and Innovation Ministry (Mosti) and Finance Ministry.

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