Johor is setting its sight to get a huge slice of the lucrative halal food industry which is expected to be worth some US$2.537 trillion by 2019, according to the latest Global Islamic Economy Report.
Indeed, the report showed that the global halal food industry alone is set to grow significantly by 21.2% or up from the US$795 billion it earned in 2014.
Indonesia, Turkey, Pakistan and Iran are the top countries with Muslim consumer food consumptions with a market valued at US$168 billion, US$108 billion and US$97 billion respectively.
The report also showed that Malaysia is the leading country for the halal food ecosystem relative to its size. This is followed by the United Arab Emirates and Australia.
One of the catalytic industries in Iskandar Malaysia
First announced on 19th November 2015 by Menteri Besar Johor, Datuk Seri Khaled Nordin during the Johor Budget 2016, the Johor Halal Park (JHP) is part of the state government’s effort to promote entrepreneurship in Johor.
A 50:50 joint venture collaboration between UMLand and the Johor State Government via Johor Biotechnology & Biodiversity Corporation (J-Biotech), the private-public initiative aims to put JHP as an international halal park and is one of the catalyst projects in Eastern Iskandar Malaysia.
Located in Flagship D of Iskandar Malaysia in Pasir Gudang, JHP will measure some 350 Acres and is being rolled out in phases.
The first phase, measuring some 103.75 acres, will be completed by June 2017.
This will eventually make JHP as the first premium bio-halal industrial park in Malaysia and the country’s twenty-fifth halal park in Malaysia. It will also be the first to be operating as and exclusively for 100% halal businesses.
Not just for halal food alone
While the food industry is one that is too good to miss, JHP has made it clear that it facilitates all industries that require halal certification.
“While the halal food industry is important, we take a more holistic approach by creating a halal ecosystem for all,” said Mohd Noor Abd Salam, Chief Executive Officer, UMLand J-Biotech Park Sdn Bhd.
“The full spectrum will cover the ingredients, food, cosmetics, personal care, pharmaceutical & supporting logistics sector to complete the halal ecosystem. Lately, we are seeing interests in the probiotic and neutracetical industry,” he added.
During the launch of JHP’s sales gallery in Pasir Gudang last year, he revealed that Johor Halal Park has attracted significant interests from the domestic and overseas markets.