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Tuesday, June 8, 2010

Halal parks draw RM4.8b investments

EIGHT halal parks in the country has attracted a total of RM4.8 billion in investment so far, said Halal Industry Development Corp (HDC).

Chief executive chairman Datuk Seri Jamil Bidin said these halal parks are already in operation at various locations throughout the country. Those in Selangor, Negri Sembilan and Malacca are doing very well.

"The parks in these areas are almost fully capitalised. We hope the state government will give more land to expand the halal parks," he said in Kuala Lumpur.

The development of these halal parks is in line with the aim to make Malaysia a centre for halal supply chain in the region. HDC helps by promoting investments of halal products and services and other incentives in collaboration with the state government.
Yesterday, HDC awarded the 209.6ha techpark@enstek developed by TH Properties Sdn Bhd, the Halmas certified status, a special status for halal parks having complied with the requirements under the HDC guidelines.

techpark@enstek is the first halal park to receive the certification in conjunction with Halmas certification launched yesterday. The park has so far attracted a total of RM2.5 billion of investments and is in talks for another RM500 million worth of investment from two pharmaceutical companies this year.

Its investors include Coca Cola Bottlers (Malaysia) Sdn Bhd , a subsidiary of the world-renowned Coca Cola Company which is building a RM1 billion bottling plant on its 12ha site.

The government has also purchased a 24.8ha site at techpark@enstek to develop 9BIO, a National Institute of Natural Products, Vaccines and Biologicals for vaccine production. This development will spearhead the production of halal vaccines for Malaysia's own consumption as well as for export.

Another government project in the pipeline is the Malaysian Islamic Development Department (Jakim) proposed halal complex which will undertake the infrastructure in developing a global halal accreditation and reference hub.

Bandar Enstek is a joint venture between TH Properties and Negri Sembilan State Development Corp. The township offers an extensive network of industrial, commercial, residential and institutional properties.

HDC also launched its new corporate logo at the event to mark its fourth year in the industry. On the corporatisation of HDC, Jamil said Ministry of International Trade and Industry will prepare a proposal to the cabinet on the ways forward for the industry.

By Business Times

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