KUCHING (May 20): The proposed Sarawak Biodiversity Centre (Amendment) Bill, 2025 bridges the gap between scientific innovation and commercial value, aligning with the goals of the Post Covid-19 Development Strategy (PCDS) 2030, said Wilfred Yap.
The Kota Sentosa assemblyman said by empowering Sarawak Biodiversity Centre (SBC) in the areas of research, intellectual property (IP) ownership, licensing and commercialisation, this Bill ensures that the benefits of Sarawak’s natural heritage are channelled back to the people.
“Sarawak’s rainforests and ecosystems are home to countless endemic species with immense potential in various sectors, including pharmaceuticals, agriculture, and biotechnology.
“By advancing research and development, reinforcing IP ownership, and streamlining licensing and commercialisation, SBC will be better positioned to unlock the economic value of these resources.
“This not only ensures that benefits are retained within Sarawak but also reduces reliance on foreign companies. Moreover, it empowers local scientists and entrepreneurs to generate homegrown innovations, helping to prevent the exploitation of our biodiversity by external interests,” he said when debating the Bill at the State Legislative Assembly (DUN) Sitting today.
He said one of the most significant provisions under the Bill is the introduction of Section 6A, which would empower SBC to incorporate a company to better fulfil its functions.
“This is a forward-thinking move that will enable SBC to commercialise its research findings such as pharmaceutical, agricultural, and biotech products derived from Sarawak’s native flora and fauna more efficiently.
“Through the establishment of a corporate entity, SBC can collaborate more effectively with private sector partners, investors, and international stakeholders. It opens up avenues for joint ventures and funding opportunities while ensuring that Sarawak maintains control over its biological assets,” he said.
He added that operating through a company also grants SBC legal and operational autonomy, enabling it to enter into contracts, manage IP rights, and independently handle revenues.
Yap said the amendments to the Bill provided greater clarity on SBC’s roles, particularly in relation to IP control and licensing authority.
“With improved mechanisms for patenting and licensing, SBC will be able to ensure that revenue generated from discoveries flows back to Sarawak and supports local development,” he said.
Reported by The Borneo Post.