All relevant departments and agencies will be coordinated under a single cabinet committee with the aim of bringing Malaysia’s halal industry to a more competitive level, Prime Minister Anwar Ibrahim has said.
Malaysia's Prime Minister Anwar Ibrahim speaks at the opening of the Global Halal Summit 2023. (Photo: VNA)
Kuala Lumpur (VNA) - All relevant departments andagencies will be coordinated under a single cabinet committee with the aim ofbringing Malaysia’s halal industry to a more competitive level, Prime MinisterAnwar Ibrahim has said.
The committee will be led by Deputy Prime Minister Ahmad Zahid Hamidi and willbe responsible for coordinating the synergy among all parties involved to fullyleverage the country’s halal ecosystem, thereby creating greater opportunitiesin the global halal market, Anwar said at the opening of the Global Halal Summit(GHaS) 2023 on September 12.
Minister of Investment, Trade and Industry Zafrul Abdul Aziz expressed his optimismabout achieving halal export value of 63 billion RM (12.6 billion USD) by 2025,based on the encouraging 60 billion RM achieved last year.
He said the global halal industry market is growing and is expected to expandto 5 trillion USD by 2030.
Malaysia's halal exports were almost 60 billion RM (12 billion USD) in 2022, up 64% against2021.
The food and beverage category was the biggest contributor,with a nearly 58% rise, followed by halal ingredients, cosmetics andpersonal care products, palm oil derivatives, chemicals andpharmaceuticals, Zafrul said./.
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Malaysia's Prime Minister Anwar Ibrahim speaks at the opening of the Global Halal Summit 2023. (Photo: VNA)
