Indonesia has invited Malaysian companies to cooperate in developing the halal products industry for the economic interests of both countries.
Indonesia’s Deputy Villages, Disadvantaged Regions and Transmigration Minister Budi Arie Setiadi said Malaysia had extensive experience and involvement in the industry, while Indonesia had vast amounts of resources and materials, which could be utilised for mutual benefit. “We invite Malaysian companies to discuss with the ministry on the potential of this cooperation,” he said.
Malaysian Ambassador to Indonesia Datuk Zainal Abidin Bakar said the embassy would inform the Malaysia External Trade Development Corporation (Matrade) and the Ministry of International Trade and Industry Malaysia (Miti) to follow up on the proposal.
Indonesian President Joko Widodo previously stated that Indonesia was still lagging behind Malaysia in terms of the halal products industry even though the republic had the largest Muslim population in the world. President Jokowi, when launching the Indonesian Sharia Economic Masterplan 2019-2024 last year, said the country’s target was to become the fourth largest sharia economic power in the world by 2045.