Hit Counter: 0

MIHAS generates RM2b sales in two days

[ 12-05-2008 ]

KUALA LUMPUR: The Malaysian International Halal Showcase (Mihas) has generated some RM2.08 billion in sales orders, the highest in its five-year existence.

Prime Minister Datuk Seri Abdullah Ahmad Badawi said the figure represented sales between the start of the trade fair on Wednesday and 2pm yesterday.

"The actual sales re corded within two days were RM158 million, while potential sales amount to RM1.92 billion. The total comes up to RM2.08 billion.

"This is very encouraging for Mihas," he said after launching the fair at the Matrade Exhibition and Convention Centre here yesterday.

It is learnt that the potential sales would be finalised in the next 12 months by local companies and their foreign partners.

The bulk of the sales was generated from companies producing products that were oil palm-based, such as olein and stearin, food and beverages, furniture, food processing and packaging, machinery, herbal products and confectionary.

In his speech, Abdullah said it was imperative for the Malaysian halal industry to establish alliances or mergers.

"I urge the Malaysian private sector, including government-linked companies, to take the lead in forming these strategic partnerships with domestic and international entities involved in the halal industry."

Abdullah said the Halal Industry Development Corporation (HDC) has been tasked to be the focal point for the development of the halal industry in Malaysia.

"The HDC will spearhead the initiative to enhance the halal brand into a premium brand, incorporating globally accepted standards such as good manufacturing and good hygiene practices."

Source: http://www.nst.com.my/Current_News/NST/Friday/National/2235569/Article/index_html