Malaysia expects to receive higher foreign direct investment (FDI) in the halal segment from countries participating in the 14th Malaysia International Halal Showcase (Mihas) from April 5-8, said Malaysia External Trade Development Corporation (MATRADE).

Director of Food, Biotech & Halal Unit Mohammad Aminuddin Sham Tajudin said Malaysia has been assisting many countries through its industry infrastructure to produce halal products and export them to Third World countries.

“For example, Thailand, which is one of the producers of halal food and beverages, has been working hand-in-hand with us in complementing their halal businesses.

For nearly 15 years, MIHAS has successfully connected halal businesses from around the world. Set against the backdrop of the world’s No 1 Halal economy and held concurrently with two industry leading events in the World Halal Conference and The International Halal Certification Bodies Convention, MIHAS offers an unbeatable networking and business proposition.  In 2016, MIHAS welcomed over 22,000 trade visitors from more than 70 countries and generated record sales beyond RM1 Billion for 600 exhibitors.

Source: Bernama/Mihas