Tengku Zafrul said the country has the right ingredients and ecosystem to grow its network, trade and investments.
He pointed out that Malaysia has been ranked as the lead halal economy in the world for the ninth consecutive year.
“It sets out clear action plans on how we can strategically capitalise on the growing global demand for halal products and services, as well as strengthen Malaysia’s leadership role by leveraging on our world-recognised halal industry ecosystem and cumulative expertise,” he said in conjunction with the sof launch of the Malaysian International Halal Exhibition 2023 to be held in Kuala Lumpur.
“Through Himp 2030, we are projecting that our halal industry to expand to US$113.2bil by 2030, with a gross domestic product contribution of 8.1% by 2025,” he said. “The world’s global Muslim population currently exceeds 1.9 billion and growing, providing bright growth prospects and numerous opportunities for our players to capture,” he said.Meanwhile, Malaysia External Trade Development Corp targets to achieve RM2.1bil sales during the 19th edition of the Mihas 2023 that will take place in September.
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