Malaysia

RM3 bil allocation to be used for advance orders of Covid-19 vaccine

An initial order for the vaccine is expected to be secured in the first quarter of next year

Updated 5 years ago · Published on 07 Nov 2020 6:47PM

RM3 bil allocation to be used for advance orders of Covid-19 vaccine
The allocation was approved during yesterday's Budget 2021 announcement. - AFP pic, November 7, 2020

SEREMBAN – The government will make advanced bookings of Covid-19 vaccines with the over RM3 billion allocation under Budget 2021, according to Science, Technology and Innovation Minister Khairy Jamaluddin Abu Bakar.

He said the ministry is confident that the allocation was sufficient to make an initial order for the vaccine supply, which is expected to be secured in the first quarter of next year once approved by the Ministry of Health (MOH).

“We will start making early bookings of the Covid-19 vaccine being developed. I expect that within a month or two, we will get information from the MOH on the effectiveness of the vaccine,” he told reporters after visiting areas affected by flash floods, here today.

Khairy is also the co-chairman of the Covid-19 Vaccine Supplies Access Guarantee Special Committee.

In tabling Budget 2021, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government was committed to acquiring Covid-19 vaccines through its participation in Covid-19 Vaccine Global Access (Covax), with an estimated cost of over RM3 billion.

Meanwhile, Khairy, who is also Rembau MP, said the RM400 million allocation to carry out research and development (R&D) to support science and technology innovation is crucial to commercialising local products and technology.

“We do not want to rely only on foreign technology which involves high cost. Therefore, we will focus this large sum allocated on domestic products and technology research," he added.  – Bernama, November 7, 2020

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