Amid the rapid progress of biotechnology-based industry in Malaysia, there is increased interest to analyse and measure the effect and contribution of Bioeconomy within the country. This paper aims to 1)benchmark bioeconomy contribution with other selected countries and to 2)examine the state of Malaysia’s Bioeconomy by applying two separate methods of analysis. The first is through dynamic computable general equilibrium modelling (DCGE) to forecast sectoral performance and to leverage on the existing strength of most robust sectors in the Bioeconomy. The second is through Input-Output modelling (IO) to gauge the current contribution and multipliers of Bioeconomy revenue as well as the interdependence of its sectors. Analyses of both methods have shown that within the sector, oil palm, rubber, fishing and forestry & logging appears to be the key levers to grow Malaysia’s Bioeconomy.
