RM500m FDI for halal parks next year

KUALA LUMPUR: The Halal Industry Development Corporation (HDC) has targeted to attract RM500 million in foreign direct investment (FDI) into the Halal Parks located across the country by next year, said its vice president of industry development, Nicholas Shariff Collins.

"The HDC is currently in talks with some foreign parties, particularly multinational corporations, who have shown a keen interest in investing in the Halal Parks.

"A few will in fact be setting up shop soon," he told a press conference here today.

According to Collins, two major companies, F&N and Concept Amenities from Australia, have confirmed commencing operations by the year end.

To date, five Halal Parks are already in operation in the country.

They are the Halal Park in the Port Klang Free Zone, the Selangor Halal Hub ( Pulau Indah), Pedas Halal Park, Serkam Halal Food Park and the Tanjung Manis Halal Hub.

The Sungai Petani Halal Food Park and Pengkalan Chepa Halal Park are expected to start operations by end of this year.

By Bernama