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Malaysia eyes Africa for halal exports

by August 17, 2017 General

Malaysia eyes Africa for halal exports

Thursday 17 August 2017 11:18 AM

halal exports

halal exports

Malaysia is on track to export RM50bil halal products by 2020 from RM42.18bil last year, aided by more entrepreneurs increasing their presence in the global market, said Halal Industry Development Corporation (HDC) Chief Executive Officer, Datuk Seri Jamil Bidin.

He said despite the global economic downturn, demand for halal products, especially food and beverages, remained high with China continuing to be the biggest importer, followed by Singapore and Indonesia.

“Next, we are going to work with Saudi Arabia to make it as an entry point as we are about to expand our presence in the African continent,” he told reporters at the Halfest ASEAN 2017 meet-and-greet session here today.

Jamil said the African continent had a population of some 1.22 billion, out of which about 200 million are Muslims.

However, this market is untapped, mainly due to various problems including in terms of logistics.

 “That is why during the recent visit by King Salman Abdulaziz Al Saud (of Saudi Arabia), Malaysia had discussed with the country to make it as a gateway to enter the Middle East and Middle East and North Africa (MENA) region.

“Next month, we will fly to Saudi Arabia to finalise this cooperation to jointly leverage the halal industry. Besides Saudi Arabia, we will also work with the Japanese to develop the industry there,” he said.</span></span>