The Department of Science and Innovation’s (DSI) Bio-Economy Strategy aims to drive South Africa’s bio-economy through the exploitation of the country’s diverse natural resources such as animals, plant biodiversity, micro-organisms and minerals, to improve human health, address food security and contribute to economic growth. The strategy seeks to use South Africa’s bio-based resources to create and grow biotechnology-based industries. This is crucial for job creation, contribution to GDP, exports, the building of industries and addressing market failures, by harnessing human capital, financial resources, infrastructure and knowledge.
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