Specifically, collaborators inked the MoU on 7th July 2020 during a virtual meeting.

Through the signed agreement, partners will study the development of the Biohub Industrial Port and Industrial Estate in Sarawak at Bintulu, Malaysia.

In light of the situation, Naser Jaafar, CEO Agensi Inovasi Malaysia noted:

The BioHub concept is something the AIM National Biomass Strategy team have advocated for, and they have spent significant time and effort to find the right fit of stakeholders who are aligned to the vision. We strongly believe in the BioHub concept and today with trust from partners and stakeholders, this concept is being advanced to the next phase in its implementation.

What is more, collaborators goal to transform Port Sarawak in the areas of its operations, energy efficiency, management & organization and its approach to the environment.

This MoU underlines the strong economic partnership between Malaysia and the Netherlands. Malaysia and the Netherlands are both open and internationally oriented trading nations. The Biohub and Industrial Estate Development in Bintulu will provide an excellent platform for green innovations and the future sustainable economic development of Sarawak.

...H.E. Aart Jacobi, Netherlands Ambassador in Malaysia added.

Furthermore, the reap of the project will no doubt contribute to the State and Nation in terms of economic benefits and realizing sustainability goals.

Concluding, in first instance the initiative will focus on studying the suitable location for the development of the Biohub project in close cooperation with Bintulu Port Holdings Berhad.