There’s another big news in Melaka. Melaka Biotechnology Corporation has made an agreement with Malaysia BiotechCorp to develop Melaka Pharma Park in Alor Gajah. The first ever pharma park in Malaysia. The RM1.5 billion park will be built in an area of 200 hectares in the Alor Gajah.
The Melaka Pharma Park was an an idea developed during a dialogue with YAB Chief Minister of Melaka during an event with Biotechnology Industry and Halal Malaysia’ on 31st July. In the event, Melaka Biotech Corporation proposed to Malaysia BiotechCorp to establish the Melaka Pharma park for health and pharmaceutical industrial entrepreneurs. Following the idea, the Malaysia Biotech Corp has agreed to develop Melaka Pharma Park as a ‘Public Private Partnership’. The partnership has been made among Malaysia BiotechCorp, Melaka Biotech Corporation, Capipharm Sdn Bhd and DRB-Hicom Berhad.
The signing of the proposed collaboration between Malaysian Biotech Corporation, Melaka Biotech Corporation, DRB-Hicom and Caphiparm Development Sdn Bhd was witnessed by Health Minister Datuk Seri Liow Tiong Lai and Chief Minister. AJ Jomaiah, is an associate company of Saudi Arabia’s Holding Sdn Bhd, will invest an initial US$100 million in various biomedical projects including a RM150 million vaccine manufacturing plant in the Melaka Technology Park.
