Tuaran, May 16 – Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation, formerly known as BiotechCorp) is forging community development programme in conjunction with Karnival Sains, Teknologi dan Inovasi (Karnival STI) in Tuaran, Sabah.
The Bio@Community programme held in conjunction with Karnival STI aims to promote awareness of the Bioeconomy Community Development Programme (BCDP), a programme run by Bioeconomy Corporation and endorsed by the National Blue Ocean Strategy (NBOS), which involves the enlisting of rural farmers and settlers to cultivate raw materials for BioNexus companies and BTP project owners.
The Bio@Community also seeks to present BCDP projects and their opportunities to the communities in Tuaran and to encourage their participation in BCDP for wealth creation.
Acting Chief Executive Officer of Bioeconomy Corporation, Syed Agil Syed Hashim said that the organisation has also been collaborating with joint-venture partners, investors, universities, corridors and land authorities to develop the bioeconomy in the state.
The Bioeconomy Community Development Programme (BCDP) focuses highly on people’s wellbeing and high income achievement through inclusiveness, innovation and sustainable development. The BCDP provides an avenue for farmers to participate in this new economy and to capitalise on the bio-based sector to unlock future economic growth and to maintain the state competitiveness.
“The bioeconomy in Sabah revolves around the idea of a sustainable economic growth, economic development via utilisation of bio-based resources, and through Science, Technology and Innovation (STI), to capture higher value-add economic activities. The overall economic aspect would mean elevating the household income of the community, addressing disparity of income as well as increasing employment opportunity,” he said.
Karnival STI is a programme implemented by the Ministry of Science, Technology and Innovation (MOSTI). This programme supports and encourages the learning and application of science and technology and innovation (STI) by various levels of society to achieve the goal of making Malaysia a highly developed and high-income nation.