In the first nine months of 2020, local and international companies applied to invest as much as US$1.7 billion in Thailand in more than 300 projects in the sectors listed as “BCG”, or Bio-Circular-Green economic activities focused on environmental protection and sustainability, according to the Thailand Board of Investment (BOI).
Thailand – Bioeconomy roadmap disclosed [Registered]
The government and private sector under the Pracha Rat public-private collaborative scheme recently launched the bioeconomy development plan to promote more private investment in biotechnology-related businesses, according to local press reports.
UK – An alliance of five R&D centres to drive bioeconomy [Registered]
Five established R&D centres across the UK have announced a new alliance, BioPilotsUK. This alliance will seek to position Britain as a global leader in biorefining technology development and bio-based product manufacture – two key elements of the bioeconomy.
European Commission boosts investments in bioeconomy with Euros120 mln for 10 projects [Registered]
The BBI is a €3.7 billion innovative partnership that was officially launched in July 2014. Driven by a novel cross sector industry grouping, the BBI focuses on using Europe’s biomass and wastes to make high value products and bring them to market.