DAFZA signs cooperative agreement with Malaysias Halal Industry Development Corp.

Business

DAFZA signs cooperative agreement with Malaysias Halal Industry Development Corp.

The Dubai Airport Freezone Authority (DAFZA) has signed a Memorandum of Understanding (MoU) with Malaysia's Halal Industry Development Corp. (HDC). The strategic collaboration was tattooed at DAFZA's headquarters, with Dr. Mohammed Al Zarooni, Director General of DAFZA, as well as Dato' Seri Jamil Bidin, Chief Executive Officer of HDC, as signatories.

Under the regards to the MoU, DAZFA will certainly team up with HDC on establishing halal conformity framework in Dubai to attain mutually valuable company objectives, straight and aid in halal development process amongst all stake holders, support financial investments between the UAE as well as Malaysia, as well as promote the involvement and also development of companies involved in the halal profession through a hub-to-hub network. A Joint Working Committee will certainly be formed to make sure a sharp focus on objectives as well as the reliable implementation of knowledge-sharing and also profession collaborations.

Dr. Al Zarooni commented: "Halal Industry Development Corp. is a first-of-its-kind governmental firm that has actually had terrific success in collaborating the total advancement of Malaysia's halal profession. DAFZA will certainly help the agency with its goals of further enhancing halal specifications, branding and also advertising Malaysia's halal offerings, and commercially developing halal services and products. At the same time, we will certainly have the ability to display our Freezone's outstanding ability to facilitate halal-related service and investment activities for the world's leading halal markets.".
Dr. Al Zarooni, put: "This is an equally helpful partnership that will certainly help raise halal standards for both parties involved along with for the particular nations. It is additionally a testament for Dubai's expanding allure as a center for Asian items, specifically those under the halal classification, and also as a preferred entrance to the Gulf and also MENA markets. DAFZA is completely committed to supporting Dubai in these elements as well as to further improving halal trade within the Freezone.".

Jamil Bidin put: "When it involves the global market for Halal products, the most vital thing is to make certain that the supply chain is effectively managed. For Asian manufacturers, specifically those in Malaysia, market utilize is important; this postures an obstacle for Malaysian companies who want to permeate the GCC but lack the expertise on the best ways to get in. With the collaboration in between DAFZA and HDC, we intend to alleviate the access of Malaysian as well as various other Asian companies into the GCC and broader MENA region.".

"We identify DAFZA's essential duty in contribution to Dubai's strategy as a base for products originating from Asia to the MENA markets, offered its world-class facilities and framework and also warehousing options, substantial portfolio of motivations and solutions, plus its tactical place at the heart of Dubai right close to the Dubai International Airport which offers simple accessibility as well as connectivity and adds to time as well as price performance. For all these reasons, our company believe that this agreement is essential to promoting smoother and also much more effective profession between Asia and also Middle East," concluded Jamil Bidin.

HDC is an agency under Malaysia's Ministry of International Trade and Industry. It is the world's very first government-backed halal sector advancement firm to plan as well as implement an extensive development of the halal market.