Malaysia, Japan Seal RM1.34 Billion in Green Bioeconomy Deals at EXPO 2025 Osaka

Osaka: Malaysia and Japan marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth RM1.34 billion at Expo 2025 Osaka.

(L-R): Mr. Yow Kok Chau, Glyken’s Director of Corporate and Finance; Mr. Boniface Edwin Manung, MOSTI’s Undersecretary of the R&D Commercialisation and Technology Transfer Division; Mr. Eric Shak , Chief Executive Officer and Founder Glyken Bio Products Sdn Bhd (Glyken); Datuk Seri Hasnol Zam Zam, MOSTI Secretary-General; Mr. Ito Sadanori, Founder and Managing Director of Japan’s Respect Co., Ltd.; Ms. Ellyza Mastura Ahmad Hanipiah, Malaysia Pavilion Director at Expo 2025 Osaka; Mr. Amane Kubota, Marketing Officer of Lien and Co Ltd; Mr. Subaru Toki, Founder and Director of Lien and Co Ltd.

The occasion, held at the Malaysia Pavilion on 12 May in conjunction with the launch of the Ministry of Science, Technology and Innovation (MOSTI) Week, marked a significant step forward in advancing joint efforts by both nations to drive the low-carbon and bio-based economy agenda, in line with global sustainability commitments.

Malaysia was represented by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), an agency under the Ministry of Science, Technology and Innovation (MOSTI), which has been instrumental in driving this collaborative initiative forward.

According to Chief Executive Officer of Bioeconomy Corporation, En. Mohd Khairul Fidzal Abdul Razak, Japan’s selection as Malaysia’s strategic partner in innovation and technology reflects the strength of global cooperation to advance green economic growth and address global climate challenges.

“Malaysia is proud to showcase the nation’s bioeconomy potential to the global market through strategic collaborations such as this. While leveraging Japan’s expertise in green innovation, BioNexus Status companies and those under the Bio-based Accelerator (BBA) programme are well positioned to drive transformation in renewable energy, sustainable agriculture, and bio-based products. This joint effort not only generates economic value but also contributes meaningfully towards a more sustainable, low-carbon future at both regional and global levels,” he said.

The collaborations involve the development of renewable energy and the commercialisation of sustainable biotechnology products, aligning with the aspirations of the National Biotechnology Policy 2.0 and global sustainability goals.

The first agreement involved reNIKOLA Holdings Sdn Bhd and Japanese conglomerate Sumitomo Corporation to explore a joint venture in developing renewable fuels such as biomethane and low-carbon derivatives including liquefied biomethane (LBM) and biomethanol by converting palm oil production residues.

In the second agreement, MTC Orec Sdn Bhd, a bioenergy company under the Bio-based Accelerator (BBA) programme, and Japan’s IHI Plant Services Corporation entered into a collaboration for the development of biogas technology in Southeast Asia.

Meanwhile, BioNexus Status company Glyken Bio Products Sdn Bhd signed a Memorandum of Agreement and supply contract with Japan’s Respect Co., Ltd. for the distribution of its bird’s nest glycopeptide-based products in the Japanese market.

Mohd Khairul Fidzal added that the collaborations also reflect the alignment between Malaysia’s commitment to sustainable innovation and the theme of Expo 2025 Osaka, “Designing Future Society for Our Lives.”

“It’s not just about accelerating market access and technology transfer,” said Mohd Khairul Fidzal, “but also about creating opportunities for the joint development of solutions to address climate change, energy security, and economic resilience.

“Bioeconomy Corporation remains committed to strengthening international collaborations, expanding the innovation ecosystem, and exploring global opportunities to help local companies break into international markets in support of a more inclusive and competitive bioeconomy agenda.”

Meanwhile, Malaysia Pavilion Director, Ellyza Mastura Ahmad Hanipiah, commented, “On behalf of Malaysia Pavilion, we are honoured to support MOSTI’s ongoing efforts in deepening global partnerships and driving quality investments into the country.

“With a continued focus on fostering strategic collaboration, Malaysia Pavilion will remain a key platform for initiatives that unlock economic opportunities and strengthen international ties. In line with our target of securing at least RM13 billion in potential trade and investment and attracting 1.5 million visitors, we are fully committed to positioning Expo 2025 Osaka, Kansai as a premier stage for innovation, sustainable growth, and global engagement.”

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