Under the purview of MOSTI, Bioeconomy Corporation is owned by the Minister of Finance Incorporated and Federal Lands Commissioner, providing support, facilitation and advisory services for bio-based and life sciences companies in Malaysia. Bioeconomy Corporation facilitates the development of BioNexus Status companies in Malaysia. BioNexus Status is an accreditation given to international and Malaysian bio-based companies that qualify them for fiscal incentives, grants, and guarantees administered by Bioeconomy Corporation. For further details, visit http://www.bioeconomycorporation.my/.