UEM Land and BiotechCorp To Develop Biotech Hub in Johor, Malaysia
Written by WTJ on May 22, 2009 – 9:01 am -
On May 15, 2009, UEM Land Bhd and Malaysian Biotechnology Corp Bhd (BiotechCorp) signed a memorandum of collaboration (MOC) to develop and set up a biotech hub, which will be known as “Bio-XCell”, together. Both parties are expected to sign a definitive agreement in developing 70 hectares biotech hub in Nusajaya, Johor in a couple of months. Currently the working relationship between both parties is governed by the MOC.
Zulkifli Tahmali, UEM Land strategic marketing and corporate communication director, told the reporters at Malaysian Pavilion at the Bio International Convention 2009 that both parties are still discussing the matter of land, infrastructure, facilities, and equity. Zulkifli said that UEM Land Bhd will contribute its developmental expertise, whereas BiotechCorp will bring in its biotech expertise. It is expected that “Bio-XCell” will benefits not only University Technology Malaysia locate nearby, but also Singapore’s advanced biotech industry.
There are also other projects currently developing in Nusajaya, which are the Johor State New Administrative Centre, Southern Industrial and Logistics Centre, International Destination Resort, Residences at Nusajaya, EduCity, Medical Park and the Puteri Harbour waterfront development.
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Tags: Bio International Convention 2009, Bio-XCell, biotech hub, BiotechCorp, johor, malaysia, Malaysian Biotechnology Corp Bhd, memorandum of collaboration, MOC, Nusajaya, UEM Land Bhd, University Technology Malaysia, Zulkifli Tahmali | 1 Comment »
May 22nd, 2009 at 4:55 pm
Waiting and see.