Kuala Lumpur, Jan. 8 -- Malaysian Ministry of Science, Technology and Innovation (MOSTI) said on January 7 that bio-economy is expected to expand in value in the coming years and play a larger role in gross domestic product (GDP) growth.

MOSTI Minister Chang Lih Kang said the Bioeconomy Corporation, the ministry's lead development agency for Malaysia's biotechnology industry, will drive this growth and steer the country's bioeconomy toward greater global competitiveness. He expressed confidence in its five-year plan focused on six high-value, high-growth sub-sectors, including next-generation proteins, regenerative propagation, sustainable materials, bio-based chemicals, regenerative medicine and precision diagnostics.

CEO of Bioeconomy...