Message from
the Director
Dear
Valued Subscribers
October
started off with good news for the biotechnology sector
as great emphasis has been placed on this field under
the Budget 2006. The Prime Minister announced the
setting up of the Malaysian Life Science Capital Fund
which would pool investment from various institutions
to give biotechnology a head start. Government has
allocated an initial fund of RM100 million for this.
The setting up of a bio-product validation centre
is also spelled out under this budget which would
cost RM30 million. Another boost given to biotechnology
is the allocation of RM2.8 billion for the agricultural
sector and the establishment of a national agricultural
and food corporation.
With all
these coherent efforts, we at MABIC hope that biotechnology
will be an important driver of the nation’s
economy. MABIC aims to support the government by playing
an important role in educating and creating awareness
among the various stakeholders.
We hope,
as subscribers, all of you stand to benefit from our
programmes and publications.
For
newcomers, please click here
to become a subscriber. We wish everyone HAPPY
DEEPAVALI and SELAMAT HARI RAYA PUASA.
Yours
sincerely,
Mahaletchumy Arujanan
Program Director