Home » Taiwan-Based Sea Party To Invest RM2 Billion In Tanjung Manis Halal Hub

Taiwan-Based Sea Party To Invest RM2 Billion In Tanjung Manis Halal Hub

News From : DagangHalal.com (09 Oct 2009)

SARIKEI, Oct 8 (Bernama) — Taiwan-based Sea Party International Co Ltd (SPI), together with its subsidiaries, will invest RM2 billion in the Tanjung Manis Halal Hub. Under the first phase of its development, SPI will spend RM318 million for aquaculture activities such as tilapia breeding, chlorella cultivation and production of halal collagen and gelatin. The second phase involves production of gelatin from tilapia scales, bones and skin, organic prawn farming and vendor development programme. Chief Minister Tan Sri Taib Mahmud today performed the earth-breaking ceremony for the group’s RM30 million research and development centre at Tanjung Manis, about 30 km from here. SPI president, Dr Ray Lin, said the ceremony “will be the starting point to make the halal hub known throughout the world as the producer and distributor of halal food.” He said SPI has the support of the farming and fishing industries in Taiwan. “We also have the help from the professors of the National Taiwan Ocean University and the National Taiwan University of Science and Technology,” he said at the earth-breaking ceremony. Lin said the group’s proposed projects would provide jobs and business opportunities for the locals. “They will be given the assistance and training in fish and prawn farming so that they will be capable of producing good quality halal products. “Our vendor programmes will help them breed fish and prawn using biotechnology,” he said. He said the group would be eco-friendly and would maximise productivity with minimum disturbance to the environment. Lin said the group’s three units — Sea Party Industry Sdn Bhd, Sea Party Technology Sdn Bhd and Sea Party Biotech Industry Sdn Bhd — would focus on feed milling, producing biotech chicken and eggs and downstream processing respectively. “Sea Party Biotech will play a bigger role than the other subsidiaries under phase one of the development since it is responsible for most of the downstream processed products. “It will process tilapia wastes such as bones, skin and scales into collagen and gelatin in the forms of hard and soft capsules,” he said. Sea Party Technology R&D Sdn Bhd would focuss on transforming the Tanjung Manis Halal Hub into the world centre for quality halal food products, he said. Lin was confident with the support and incentives given by both the state and federal governments, Taiwanese technologies could be localised in order to upgrade and enhance Malaysia’s agriculture and aquaculture sectors. — BERNAMA

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