By: M.J. Lin and Lillian Lin
Speaking at a meeting of the Cabinet’s Bio Taiwan Committee (BTC), Mao projected that the production value of the bio sector alone will reach NT$3 trillion (approximately US$91.7 billion) by 2020.
Cooperation between the bio sector and the electronics and information industries is the key to stimulating Taiwan’s economic growth, Mao said on the last day of the three-day BTC meeting, which was held to discuss the development of industries related to bioeconomy.
The meeting focused on five main bio sectors, namely pharmaceuticals, medical equipment, health care, food processing and agriculture. [FULL STORY]