Biotechnology is an emerging industry in Johor. The state is fast becoming a favourite destination for foreign investors in biotechnology activities, recording more than RM3 billion in investments between 2006 and 2014. A majority of the investments were foreign direct investments from countries like India, Thailand, USA, Taiwan and Switzerland. Even though it is a relatively new industry in Johor, the state government is aiming to compete with other advanced countries in the region such as India, Japan, South Korea, Taiwan and Singapore in the near future. Johor’s bioeconomy encompasses all economic activities that are derived from the production of renewable biological resources and their conversion into other usable products through the application of biotechnology. At present, there are six sub sectors in Johor’s bioeconomy.
Johor’s Bioeconomy and Investment Opportunities