News From : DagangHalal.com (24 Jun 2009)
SHAH ALAM, June 23 (Bernama) — Potential investors in Selangor Halal Hub in Pulau Indah, Port Klang are waiting for the types of incentives to be offered by the state government.
Selangor State Investment Centre Bhd (SSIC) chief executive, Datuk Mhd Jabar Ahmad Kembali, said investors were expected to implement their plans once the incentives that would be offered were approved.
“The Ministry of International Trade and Industry, Malaysian Industrial Development Authority and the Halal Industry Development Corp are in final stage of discussions on the incentives to be offered,” he told a media briefing after chairing the committee on development of the hub here Tuesday.
He said a decision was expected within six months.
Mhd Jabar, however, did not say how many investors would start operations at the hub.
“Most of the entrepreneurs are planning to begin their operations. We are only waiting for them to get the incentives from the government,” he said.
Asked whether there were entrepreneurs and investors who had still not started construction on their lots because there were no decision on the incentives, he said: “SSIC hopes the matter will be settled fast so that it will encouraged them to start building their facilities.”
However, he said other factor which has been identified was the unfavourable economic condition which had forced them to postpone their plans.
“We believe the investors are well-prepared in their plans,” he said.
— BERNAMA