Malaysia can turn global geopolitical uncertainties into an opportunity to reinforce its position as a trusted and resilient halal hub, Deputy Prime Minister and Minister of Rural and Regional Development Datuk Seri Dr Ahmad Zahid Hamidi said today.
Speaking at the groundbreaking ceremony for Phase Two of the PERDA Halal Park Industrial Development Project at Perda Food Park, Ahmad Zahid noted that conflicts in West Asia, particularly around strategic routes like the Strait of Hormuz, have disrupted halal supply chains, raising logistics costs and creating market uncertainties.
“Despite these challenges, this global uncertainty paves the way for Malaysia to strengthen its position as a stable halal hub. Our ability to diversify export markets, bolster domestic supply chains and improve logistics efficiency will determine the continued growth of the halal industry,” he said.
According to Bernama, Ahmad Zahid highlighted the sector’s potential, noting that global halal product demand is projected to reach US$5 trillion by 2030. Malaysia’s halal exports reached RM61.79 billion in 2024, with key markets including China, Singapore, Japan, the United States and Indonesia. The food and beverage sector remains the largest contributor, valued at over RM34 billion.
Under the Halal Industry Master Plan 2030 (HIMP 2030), Malaysia aims to raise the halal sector’s contribution to GDP to 11%, achieve an export value of RM70 billion and generate around 700,000 highly skilled jobs.
Also present at the event were Deputy Minister of Rural and Regional Development Datuk Rubiah Wang, Penang Deputy Chief Minister I Datuk Dr Mohamad Abdul Hamid, MATRADE chairman Datuk Seri Reezal Merican and PERDA chairman Datuk Dr Shaik Hussein Mydin.
Bernama
