Page 49 - SP2025

Strategic Plan 2025 - 2030 | MEITD

Strategic Outcomes of the Biotechnology Innovation Initiative

Outcome
Key Targets MEITD ’s Contribution
Category

● RM1.4 billion GDP • Supports policy development,
impact investment facilitation, and industry
partnerships to stimulate economic
growth.

● RM500 million private • Encourages investment through policy
investment incentives, grants, and public-private
Economic
Prosperity collaboration.

● 8–20 patents filed and • Strengthens intellectual property (IP)
approved protection and research
commercialization.

● 10 high-tech startups • Facilitates entrepreneurship and R&D
and POC projects commercialization programs.

● 7,000 FTE researchers • Develops talent pipelines through
in R&D education, STEM, and biotech-focused
TVET programs.
Social Inclusivity
● RM40 million community • Expands biotech-based rural economic
benefits, impacting 200 programs, ensuring inclusive
communities participation in the biotech sector.

● 20 bioresource-based • Supports research funding and
products worth RM200 ecosystem building to develop high-
Environmental million (SBC project) value bio-based products.
Sustainability
● Effective interagency • Ensures policy and funding alignment
collaboration with with national biotechnology strategies.
Federal agencies

©2025 Ministry Of Education, Innovation And Talent Development Sarawak 33