ISLAMABAD: A delegation of Penang International Halal Hub (PIHH) of Malaysia will visit Karachi this month to assist the Sindh Board of Investment (SBI) in identifying a suitable developer of a Halal park in Karachi.
It will also look into the possibility of relocation and expansion of the Malaysian Halal industry in Pakistan, said a press release received here on Friday.
PIHH and SBI have agreed to jointly hold an international Halal Conference at Karachi in December and mutually work out sources of finance for the conference.
The High Commissioner of Pakistan in Malaysia, Masood Khalid, said that SBI and PIHH had signed a Memorandum of Understanding (MoU) to widen the Halal industry in Pakistan recently and steps were being taken in accordance with the MoU.
Speaking in Kuala Lumpur on Friday, Khalid termed the signing of the MoU a step in the right direction and hoped that complementary competencies of Pakistan and Malaysia in the Halal sector would certainly be a win-win situation for both and would help them jointly capture the multi-trillion-dollar market.
Published in The Express Tribune, September 4th, 2010.