Sindh Board of Investment (SBI) in collaboration with Halal Industry Development Corporation (HDC) of Malaysia has organised International Halal Conference (IHC) 2011 to bring in the concept of Halal industry among local and foreign investors.
Chief Minister Sindh, Syed Qaim Ali Shah inaugurated the IHC 2011 at a local hotel, here on Tuesday. The chief minister said that this was a step towards bringing awareness on the latest trends in international market. He said the country could not dig up its share in trillion dollar Halal products market unless the entrepreneurs especially SME's explore new avenues for Pakistani products.
He said the success of this conference would take Pakistan further ahead on the road to export oriented industrial development and economic prosperity. Advisor to chief minister Sindh on investment, Zubair Motiwala in his address said the conference is the manifestation of commitment of both SBI and HDC to effectively implement the provisions of the Memorandum of Understanding signed between the two parties on December, 1 2010 in Kuala Lumpur, Malaysia for development of Halal sector in Pakistan. HDC Malaysia is the Government Agency responsible for promotion of Halal industry in Malaysia.
Earlier, Secretary Investment, Mohammad Younus Dagha said that Malaysia is one of the key players in global Halal sector while the others are Australia, Brazil, Thailand and India. China, France and Japan plan to enter Halal market soon. Pakistan will be one of those few Muslim countries who have taken concrete steps to develop Halal industry and play due role in the trillion dollar Halal market, which continues to grow.
He informed that SBI with assistance of HDC is working on a proposal to develop a Halal Park with infrastructure to facilitate the growth of the Halal industry in Pakistan. The Halal Park will be a cluster of Halal-oriented businesses/industries built in a special zone where they would be provided infrastructure and Halal related service support.
The Malaysian delegation, led by Chairman HDC, Tan Sri Dato', CEO HDC Dato' Seri Jamil Bidin, Dr Syed Jalaludin, Syed Salim and other senior official of HDC, informed the participants about the potential of global Halal market and the Malaysian experience in the fields of Halal Certification, Training and Marketing through presentations. They were optimistic about the prospect of their alliance with SBI to develop Halal sector in Pakistan.
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