Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation) is the leading economic development agency for the biotechnology and bio-based industries in Malaysia. Established in 2005, Bioeconomy Corporation is owned by the Minister of Finance Incorporated and Federal Lands Commissioner and has been under the purview of the Ministry of Agriculture and Food Industries (MAFI) since November 2018.
Bioeconomy Corporation provides support, facilitation, and advisory services to nurture an enabling ecosystem of business, academic, and scientific communities that drives the biotechnology and bio-based industries in Malaysia. These cover business, investment, R&D, human capital development, financial infrastructure, legal and regulatory framework, and strategic development with government support and commitment.
