Malaysians urged to venture into biotechnology
The government has again urged Malaysians to look into biotechnology sector as a new field to venture. This is because it will incur less cost than operating a manufacturing plant. Deputy Science, Technology and Innovation Minister Datuk Kong Cho Ha said the Malaysia government is encouraging any party to set up and run biotechnological plants in the country.
The manufacturing sector is also currently facing stiff competition from other nations in the region, including the boom of China and India market. The cost of land, labor and operation cost has also been increasing year by year.
He also said that Malaysia has a lot more room to improve in terms of biological advancement and the government is also offering vast marketing opportunities.
Technorati Tags: biotech, malaysia biotech, biotechnology in malaysia
