PHNOM PENH, Oct 20 (Bernama) -- Malaysia’s Ambassador to Cambodia Shaharuddin Onn has urged the kingdom to leverage Malaysia’s halal infrastructure, expertise, and trade promotion networks to develop its own halal industry.
Cambodia May Tap Malaysia’s Halal Expertise To Develop Own Sector - Ambassador
Cambodia, Malaysia, halal, JAKIM, Matrade, Shaharu
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Key points
- “I believe that together, we can collaborate by pairing Cambodia’s ambition with Malaysia’s experience to build a highly competitive regional halal value chain,” he said at the Malaysia-Cambodia Halal Forum: Unlocking Opportunities in the Global Halal Economy event on Tuesday.
- The international halal economy is currently an estimated US$3.5 trillion (RM14 trillion) consumer market and projected to hit a staggering US$5 trillion (RM20 trillion) by 2030.
- Farmland-rich Cambodia is diversifying its economy by tapping the halal food and Muslim-friendly tourism sectors, aiming for a share of the fast-growing global halal economy.
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