Home » Pakistan And Malaysia Can Vie For World Halal Market

Pakistan And Malaysia Can Vie For World Halal Market

News From : DagangHalal.com (04 Aug 2009)

KUALA LUMPUR, Aug 4 (Bernama) — Malaysia and Pakistan can join forces to gain a bigger share of the world halal market, chief executive of the Pakistan Trade Development Authority, Syed Mohibullah Shah, said on Tuesday.

Malaysia’s strong point was its expertise in halal food technology and certification while Pakistan could contribute in terms of raw materials like meat, milk, poultry and food grains, he told Bernama in a faxed message from Karachi.

He said the world halal food market was estimated to be worth US$632 billion and growing at an annual rate of 20 percent due to the rising prosperity among Muslim countries.

He added that at present, 85 percent of halal food was being manufactured by non-Muslims, “thus requiring Pakistan to join forces with Malaysia to enter the market in a big way to gain a rightful share”.

Syed Mohibullah said Pakistan would be organising the Global Halal Expo and Congress next year and hoped Malaysia would fully support the event.

–BERNAMA

Leave a Reply

Your email address will not be published.