KUALA LUMPUR, March 23 — Malaysia’s halal industry is projected to expand to US$113.2 billion by 2030, with a gross domestic product contribution of 8.1 per cent by 2025 through the Halal Industry Master Plan 2030 .
HIMP 2030 was launched by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, who is also the chairman of the Malaysian Halal Development Council. Also present were Deputy Finance Minister Datuk Seri Ahmad Maslan as well as Tengku Zafrul. It also consists of fostering thought leadership; producing more home-grown halal champions; as well as facilitating more competitive Bumiputera participation in the halal industry.
“HIMP 2030 will be driven by five key target outcomes, which include having a robust and diversified domestic halal industry; offering end-to-end Shariah compliance; enhancing the ease of doing business in Malaysia; having a competitive business ecosystem; and promoting ‘Halal Malaysia’ globally,” he said.
“The second largest contributor is halal ingredients, which also recorded a significant increase of 73.1 per cent from 2021 to RM23.35 billion or 39.3 per cent of total halal exports,” MITI said.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »