China explores halal options in Malaysia
China’s Ningxia autonomous region, home of roughly 11 per cent of the 20 million Muslims in China, on January 4 has signed an agreement with Malaysia’s East Coast Economic Region to explore investment opportunities in the halal industry.
The Memorandum of Understanding, which was signed in Kuantan in Malaysia’s Pahang state, covers manufacturing, halal certification, logistics, information sharing policies and research and development targeting industries ranging from processed food, beverage to pharmaceuticals, Muslim garments and cosmetics products, Xinhua reported.
More details are expected to be announced in February when Malaysia’s Prime Minister Najib Razak launches a Malaysia-China joint industrial park in Kuantan.
The 66,000-square-kilometer East Coast Economic Region, or ECER, houses three halal industrial parks for Islamic goods and products that contribute significantly to a booming $2.13 trillion global halal market.
“There is now an international halal superhighway facilitating the cross-border flow of products and services that have a halal lineage. The MoU will boost bilateral trade between Malaysia and China and enable ECER and Ningxia to strengthen our respective positions along this lucrative highway,” ECER’s chief executive officer, Jebasingam Issace John, told Xinhua.
He added that the economic region would share its expertise in planning and developing other halal parks with its Ningxia partner.
China's Ningxia autonomous region, home of roughly 11 per cent of the 20 million Muslims in China, on January 4 has signed an agreement with Malaysia's East Coast Economic Region to explore investment opportunities in the halal industry. The Memorandum of Understanding, which was signed in Kuantan in Malaysia's Pahang state, covers manufacturing, halal certification, logistics, information sharing policies and research and development targeting industries ranging from processed food, beverage to pharmaceuticals, Muslim garments and cosmetics products, Xinhua reported. More details are expected to be announced in February when Malaysia's Prime Minister Najib Razak launches a Malaysia-China joint industrial park...
China’s Ningxia autonomous region, home of roughly 11 per cent of the 20 million Muslims in China, on January 4 has signed an agreement with Malaysia’s East Coast Economic Region to explore investment opportunities in the halal industry.
The Memorandum of Understanding, which was signed in Kuantan in Malaysia’s Pahang state, covers manufacturing, halal certification, logistics, information sharing policies and research and development targeting industries ranging from processed food, beverage to pharmaceuticals, Muslim garments and cosmetics products, Xinhua reported.
More details are expected to be announced in February when Malaysia’s Prime Minister Najib Razak launches a Malaysia-China joint industrial park in Kuantan.
The 66,000-square-kilometer East Coast Economic Region, or ECER, houses three halal industrial parks for Islamic goods and products that contribute significantly to a booming $2.13 trillion global halal market.
“There is now an international halal superhighway facilitating the cross-border flow of products and services that have a halal lineage. The MoU will boost bilateral trade between Malaysia and China and enable ECER and Ningxia to strengthen our respective positions along this lucrative highway,” ECER’s chief executive officer, Jebasingam Issace John, told Xinhua.
He added that the economic region would share its expertise in planning and developing other halal parks with its Ningxia partner.
