Halal Industry Development Corporation (HDC) will collaborate with six halal-related establishments from five top Asian countries – two in Japan and one each from China, South Korea, Taiwan, and Hong Kong to participate in the Halal Footprint Program.
This collaboration is crucial to facilitate trade, investment, market accessibility, development of human capital and awareness for companies in the partnering countries.
Malaysia, the global hub for Halal, has been recognised as the leading authority in Halal by the international community.
The country has the most complete Halal eco-system in the world – regulatory to infrastructure to services.
As a result, leading Halal-related agency companies from the top five countries are collaborating with Malaysia through HDC to spearhead growth for their businesses in the annual USD 2.3 trillion global Halal market.
HDC has been the focal point as the catalyst for market access, trade, investment and human capital in the Halal industry.
HDC too has an excellent track record for a number of penetrations by Malaysian companies in this arena.
The global market of 1.8 billion Muslims opens up colossal opportunities for Halal manufacturers and service providers as demand for Halal products and services surge on an uptrend. Asia Pacific alone has a market of almost one billion to satisfy.
HDC was established on 18 September 2006 with the express objective of coordinating the overall development of the Halal industry in Malaysia for both the domestic and international markets.
HDC is an agency under the Ministry of International Trade and Industry (MITI).