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HDC to Table Blueprint on Bumiputera Involvement in Halal Industry

2017-05-08 by Hafiz M. Ahmed

Kuala Lumpur: A blueprint on Bumiputera entrepreneur’s involvement in the halal industry, which is aimed at enhancing their contribution to the country’s exports, will be tabled at the Malaysia Halal Council’s meeting on June 1.
The blueprint, which is being prepared by the Halal Industry Development Corporation (HDC), will be deliberated by the council headed by Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi, HDC said in a statement Thursday.

“Bumiputera companies contributed RM2.6 billion, which is equivalent to 6.6 percent of the total exports of halal products in 2015.

“Until 2016, a total of 2,878 Bumiputera companies had obtained the Malaysian Halal Certification compared with only 579 in 2010,” HDC said.

Among Bumiputera companies that managed to penetrate the international market were Kumpulan Ramly Bhd, Dewina Food Industries Sdn Bhd, and Natural Wellness Industries Sdn Bhd.

“The Malaysian halal industry is gaining growing recognition at the international level. The level of public awareness that halal offers a value proposition that can improve product quality and marketing, as well as expansion into the international market,” said HDC.

Besides presenting the blueprint to the council’s meeting, HDC will also raise five topics deliberated at the Halal Industry Roundtable with Bumiputera companies, namely public awareness of the halal industry, public sector governance, certification (including international certification), capital, and promotion and market access.

Originally published on www.english.astroawani.com

Author

  • Hafiz M. Ahmed

    Hafiz Maqsood Ahmed is the Editor-in-Chief of The Halal Times, with over 30 years of experience in journalism. Specializing in the Islamic economy, his insightful analyses shape discourse in the global Halal economy.

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