Industry News

Kuala Lumpur:HalalDevelopment Company (HDC) is expected to have6000Participants participated in12sessionWorld Halal Conference（WHC), as interested parties will be able to participate in the Congress both physically and virtually.

HDCChief Executive OfficerHairol Ariffein SahariIt said the meeting would be held in a hybrid format for the first time.

World Halal Conference （WHC) has been recognized as strengtheningHalalA platform for international networking and business relations among community stakeholders.

HairolSaid that with Malaysia InternationalHalalExhibition (MIHAS) and other conferences,WHCyesHDCSeeking government and government (G2G) collaboration platform, the conference focuses on bringing businesses together to explore business-to-business (B2B) opportunities.

“WHCNot likeMIHASThat is an expo. We are more concerned aboutG2GWorking together, we know we can offer a value proposition to the world.

“In the past, the Malaysian government has signed memorandums of cooperation with countries such as Japan and South Korea.

“We know that other countries are also seeking to collaborate with Malaysia to strengthen globalHalalecosystem, because the globalHalalThe industry offers huge opportunities and the current market value is3.1trillions of dollars, the current supply can only meet10-20%demand.

“The pie is too big for everyone to share,” he told the New Straits Times in a recent interview.

2019Year3moon,HDCWith the Korea Trade-Investment Promotion Agency (MANY) signed a memorandum of understanding (MoU), whose strategic goal is to strengthen the relationship between the two countriesHalalbilateral trade and investment exchanges, andHalalMarket access for products and services.

This year2Month, it andAcrosx Japan IncAn agreement was signed to develop and establish a strategic cooperation framework.

The collaboration will include consulting, capacity building and technical assistance to create a vibrant and sustainable business environment for Japan's Muslim-friendly consumer base.

He said,HDCIt is working with China and a handful of countries in West Africa, including Senegal and Guinea.

He said the company has also received an offer from Mexico for joint developmentHalalStrong interest in ecosystems.

“They don’t want to miss out on these opportunities because there is still a big gap and demand exceeds supply.

“Basically, I want every country in the world to play in this huge market. First of all, there is no competition because it is so big, and I personally think it is big enough for everyone.

He said: “So the question now is how do we help ourHalalThe community capitalizes on this and ultimately makes Malaysia a globalHalalcenter.".

By the Ministry of International Trade and Industry (TREES)WHCThe event will be held today at the Malaysia International Trade and Exhibition Centre (MITEC) was held.

HairolThis year's theme is“HalalCommunities driving the new world economy”, a unique theme as the industry adapts to the new normal following the challenges faced by the COVID-19 pandemic.

He said the Muslim population around the world translates intoHalalInternational demand for products and services continues to increase.

HalalRecognized as a truly global industry, this growing globalization presents a dynamic opportunity for the global economy.

“However, it also presents several challenges related to global attitudes and rapid technological change; therefore, it carries with it important responsibilities in terms of ethical governance and its unified regulation on a global scale.

He added that with the current technological revolution, global integration has become sudden and borderless.

This is to cultivate a strongHalaleconomy, can tap into this potential.

He said:WHC2020is a thought leadership platform that will further demonstrateHalalThe economy plays a vital role in broader global economic returns.”。

HairolSaid that this meeting will be a great opportunity for many business leaders andHalalProvide opportunities for stakeholders toHalalpresent their value proposition within the ecosystem.

“It also successfully addressed key issues in the resolution that helpedHalalThe direction and development of the industry.

“We are certain that a program of this nature can help transform the economy and socio-economic well-being of any country,” he added.

The event will include Ambassador Sessions: EmpowermentHalalChair of the Community and Industry Committee: Responsible consumption and production, promoting through Islamic financeHalaleconomic growth,HalalChampion success story and the worldHalalNight of Excellence and Awards

Expected to2020Some of the distinguished speakers and panellists at the 2016 World Heritage Conference included Andrew, the Australian High Commissioner to Malaysia.·John·Lech·GorchinovskyAM, Russian Ambassador to Malaysia Nair·Latipov, Japanese Ambassador to Malaysia Hiroki·Oka, co-founder of Food DiversityShinya Yokoyama、，Kawan Food BhdManaging DirectorTimothy TanandCIMBIslamic CEOAhmad Shahriman Mohd Shariff。