KUALA LUMPUR: Malaysia is stepping up efforts to expand its halal industrial parks, with the aim of boosting local production capabilities and attract...
Malaysia is stepping up efforts to expand its halal industrial parks, with the aim of boosting local production capabilities and attracting foreign investment, particularly from multinational companies.
“If foreign companies need to import significant amounts of raw materials, it creates double costs, which we are aiming to minimise. “We are committed to providing the necessary incentives to strengthen Malaysia’s position as a global hub for halal products. “These products serve as key components in food production and other consumer goods. Palm oil and its derivatives play a crucial role in our halal production. By enhancing the infrastructure around this resource, we can offer more value to foreign investors,” he added.
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