Utusan Malaysia Online - Home News: "BEIJING Sept 15 - Deputy Prime Minister Datuk Seri Abdullah Ahmad Badawi Monday stressed the importance of Malaysia forging closer cooperation with China in the area of biotechnology and information and communication technology (ICT).
Abdullah who is now on an official visit to China Monday toured the Peking University Biocity which is managed by China Bioway Biotech Group Co Ltd, a biotechnology firm and the Huawei Telecommunications Corporation.
Speaking to the Malaysian press corps accompanying him, Abdullah said he had invited Bioway to Malaysia and help in the development of the BioValley programme.
Abdullah said that he also proposed that the company locate its operations in Malaysia or Southeast Asia.
The company had expressed its agreement and Science, Technology and Environment Minister Datuk Seri Law Heing Ding would head a delegation here for follow-up discussions on the proposal.
Abdullah said China's approach to research and biotechnology was appropriate for Malaysia and would be very beneficial.
The Bioway company was founded in 1992 and over a period of 10 years had expanded its research centre which now covered 30,000 square metres of floor area in a building here and boasts sophisticated facilities. The centre now produces vaccines for Hepatitis A and also insulin.
On the Huawei company, Abdullah said it already had its regional office in Kuala Lumpur.
He said the company recorded rapid progress through research and development and now produced quality products on par with that of developed countries but at much lower price."
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