DAFZA explores prime halal investment opportunities in Malaysia
Dr. Mohammed Al Zarooni, Director General of Dubai Airport Freezone (DAFZA) met with H.E. Dato' Sri Mustapa Mohamed, Malaysia's Minister of Trade and Industry at the Ministry's headquarters. Both parties discussed ways to establish and enhance financial and trade ties in between Malaysia and the Freezone. Talked about was DAFZA's extraordinary financial investment benefits for foreign companies, consisting of Malaysian entrepreneurs and companies in all sectors of company.
Dr. Al Zarooni described that this conference demonstrates the pivotal role played by DAFZA in furthering efforts to drive in economic development in Dubai and the UAE, especially in the Halal industry, which is among the largest sectors of the Islamic economy in terms of vibrancy and financial investment. This consolidates DAFZA's position as the ideal destination for operating businesses related to the Islamic industry-- working as a primary support to Dubai being the global capital of Islamic economy.
Dr. Al Zarooni led the DAFZA delegation in sees throughout Malaysia, which has resulted in a number of major financial investment opportunities for the Freezone while likewise tossing the spotlight on broad and rewarding financial investment possibilities for the halal products sector. They also got valuable insights on Malaysia and other countries' business environments and its development as the world's leading halal hub through their active involvement in the 2016 World Halal Conference (WHC) and the 13th Malaysia International Halal Showcase (MIHAS).
Dr. Al Zarooni stated: "DAFZA is keen on constructing a strong relationship with the Malaysian company and financial investment community, stressing on the commitment to come with the required centers to guarantee the maximum utilization of the emerging chances in Dubai, which has actually been successful in developing a credibility as a global gateway to reach the Middle East market-- which is thought about a main market for the world halal items.".
"The business mission had a major positive influence on evaluating the most successful experiences and finest practices related to halal industries and its goals to study the future of this vital sector. This will serve our efforts to attract the pioneers of Halal products and services market to DAFZA and support Dubai's improvement into being the capital of worldwide Islamic economy. We had the opportunity during our bilateral meetings with decision-makers and senior government figures, to obtain familiarized with the trade and financial techniques embraced in Malaysia in the Halal market," Dr. Al Zarooni concluded.
DAFZA just recently signed a Memorandum of Understanding (MoU) with Malaysia's Halal Industry Development Corp. (HDC) to attain equally beneficial business objectives. They share a typical vision in promoting business and investment opportunities within the Halal markets in between the UAE and Malaysia. Their strategic collaboration focuses on intensifying efforts to support the strategies of advancement of world class infrastructure to combine the leadership of Dubai as a global financial center for Halal Industries, along with improving the understanding and help with the exchange of best practices and experiences in between companies operating in production and providing halal services and products.
