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Thailand invests 2.4 B baht in new biotech projects
Thailand invests 2.4 B baht in new biotech projects 06 April 2021 | News The biotechnology sector is part of the so-called BCG model (Bio, Circular and Green economy) which the Thai government has set as a priority to lead the post-COVID-19 recovery
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The Thailand Board of Investment (BOI) has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around $78 million) in investment, reflecting the increased interest of local and foreign investors in the country s biotech sector.
Thai Kyowa Biotechnologies, a producer of amino acids for pharmaceuticals affiliated to Japan s Kirin Holdings, received approval for an advanced biotech project to produce Human Milk Oligosaccharide (HMO), a prebiotic and key ingredient in milk powder for infants and adults, helping to build immunity.
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BANGKOK, April 5, 2021 /PRNewswire/ The Thailand Board of Investment (BOI) said today it has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around USD78 million) in investment, reflecting the increased interest of local and foreign investors in the country s biotech sector.
Thailand Board of Investment (BOI) Secretary General Ms. Duangjai Asawachintachit said the recently approved advanced biotechnology projects are reflecting investors increasing interest in Thailand s potential in the biotech sector. These new and exciting projects reflect investors continued interest in Thailand biotech capability, Ms. Duangjai Asawachintachit, Secretary General of the BOI. Adding to our strong agricultural base and biodiversity, Thailand has now also a very strong pool of researchers that allow us to move into advanced technology.
BOI okays biotech projects worth 2 4 billion baht in total investment bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.