This month, readers were generally polled on their
views with respect to foreign investments in Malaysia with regards to
biotech. With regards to whether Malaysia has all the necessary ingredients
to attract foreign biotech investors, 50% of readers believe that Malaysia
is prepared while a further 18% announced their reservation, contrasted
by 27% who believed that Malaysia is not prepared.
However, in respect to the attraction of Malaysia for foreign investors,
readers were generally agreeable (76%) that our rich biodiversity is
a main drawing factor, compared to 12% who believed that the proper
legislation was a drawing factor. Other responses included infrastructure
and facilities (3%), human capital (3%), cost (3%) and universities
and research institutes (3%).
With regards to the schemes and programmes designed to attract foreign
investors, readers generally agreed that such schemes were not attractive
enough (74%) contrasted with 19% who believed that they were, and 7%
whom replied maybe.
Lastly, on which discipline would generate more interest in investors,
41% believed it was Pharmaceuticals, compared to 26% which voiced agriculture
and 28% in herbal and healthcare.