Malaysia has solidified its position in the regional bioeconomy sector by formalising three strategic collaborations with Taiwan, valued at approximately RM7m. These agreements were announced at the Malaysia Regional Collaboration Forum, part of the BIO Asia–Taiwan 2026 event.
The Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), under the Ministry of Science, Technology and Innovation, spearheaded the initiative to enhance technology exchange and cross-border business opportunities. The collaborations focus on insect technology, advanced biochar-based materials, and bird’s nest-based biotechnology products.
One notable agreement involves Fly Technology Agriculture Sdn Bhd and Taiwan’s Monster Biotech Co., Ltd., focusing on Black Soldier Fly-based animal feed and fertiliser. Another agreement between MCHAR Sdn Bhd and TCHAR Co., Ltd. involves the purchase of biochar and plans for a manufacturing plant in Malaysia. Glyken Bio Products Sdn Bhd also partnered with Taiwan Bansho Co., Ltd. to expand its bird’s nest-based biotechnology products in Taiwan.
Bioeconomy Corporation CEO Mohd Khairul Fidzal Abdul Razak highlighted the importance of these collaborations in diversifying supply networks and creating new business opportunities across Asia. He stated, “These strategic collaborations with Taiwan demonstrate how regional bioeconomy partnerships can diversify supply networks, strengthen food and industrial resilience, also create new business opportunities across Asia.”
The BIO Asia–Taiwan 2026 event, held from 15–19 July, serves as a platform for Malaysian companies to engage with global industry leaders and investors, showcasing Malaysia’s capabilities in biotechnology innovation and commercialisation.
