Selangor Biotechnology Coordination Office or S-BIOCO is a division under Invest Selangor Berhad, which is responsible for the development of the State’s biotechnology sector via the facilitation and execution of investments into the sector’s various industries in line with the Selangor Biotechnology Action Plan 2021-2030. It is also involved in promoting Selangor as the preferred investment destination through the execution of strategic projects with the Selangor State Government, in collaboration with other State Government-Linked Companies (GLCs), the Federal Government, and other related agencies, in further developing the biotechnology industries within the golden State of Selangor in Malaysia.
The S-BIOCO Division is a One-Stop Centre and focal point of contact for foreign and domestic investors in the biotechnology sector, with primary focus on the State’s agriculture, industrial and environmental, and medical and healthcare subsectors. It actively facilitates the direct involvement of small and medium enterprises (SMEs) with potential investors via strategic investment related initiatives and programmes coordinated by S-BIOCO.
In line with the promotion and branding of Selangor as the preferred investment hub for biotechnology in the region, S-BIOCO is also involved in the encouragement of businesses and investors to set-up their operational facilities and other industrial supporting activities in the modern and developed Selangor Bio Bay Industrial Park located in Pulau Indah. Apart from this initiative, S-BIOCO has the objective of creating more job opportunities and placements within the State’s biotechnology industries as the sector develops further during the course of the implementation of the Selangor Biotechnology Action Plan 2021-2030.
S-BIOCO is also the Secretariat to the Selangor Biotechnology Council chaired by the Selangor State Executive Councillor for Industry and Trade.
The Selangor Biotechnology Action Plan 2021-2030 (SBAP 2021-2030) was commissioned by Invest Selangor Berhad and is produced by Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), Universiti Putra Malaysia (UPM) and Malaysian Biotechnology Information Centre (MABIC).
The SBAP 2021-2030 is a state initiative with the aim to further flourish the Biotechnology sector in Selangor and positioning Selangor to be more attractable to the investors by making Selangor as a Regional Biotechnology Hub.