Tuesday, October 16, 2018 | ePaper

Halal products Mfg industry can get separate EZ: BIDA

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Business Desk :
Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam on Thursday said a separate Economic Zone can be set up for manufacturing halal products.
He made this comment while speaking at seminar, titled 'Halal Certification Standards and Challenges: Opportunities for Bangladesh Market' organised by Dhaka Chamber of Commerce and Industry (DCCI) in the city, a DCCI press release said.
Ambassador of the United Arab Emirates in Dhaka Saed Mohammed Saed Hmaid Almheiri was present at the seminar with DCCI President Abul Kasem Khan in the chair.
Speaking as the chief guest, Aminul Islam said halal certification is an added advantage to the products and this certification creates an extra appeal to buyers.
"World-wide halal market is a trillion dollar market. Halal products have a great demand in the international market even in the European market because of its distinct quality," he said.
He said: "We need to do a lot of research on halal products. The government will support the private sector if they come forward to flourish in this sector".
Abul Kasem Khan said Muslims are the second largest community in the world. According to global Islamic Economy 2017-18 report of Thomson Reuters Foundation, the global Islamic market is around US$ 2 trillion, which is contributing to 11.9 percent of the world expenditure, he added.
He stressed the need for building an international halal certification process, setting up separate zone for halal products manufacturing and forming new policy for facilitate this market.

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