Deputy science minister: 488 BioNexus, bio-based accelerator companies record RM20.4b in profits as of 2023

Deputy science minister: 488 BioNexus, bio-based accelerator companies record RM20.4b in profits as of 2023

Malay Mail Online - Money·2024-03-03 05:00

KOTA KINABALU, March 2 — A total of 488 companies with BioNexus and Bio-based Accelerator (BBA) status had successfully generated profits totalling RM20.4 billion as of last year, said Deputy Science, Technology and Innovation Minister Datuk Mohammad Yusof Apdal.

He highlighted that these companies have also successfully attracted approved investments totalling RM8.3 billion, concurrently generating close to 15,000 job opportunities nationwide.

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