Updated: Feb 25, 2018
JERUDONG | Brunei Darussalam
Brunei’s local Halal industry raked in $88 million in revenue and employed 835 people in 2016 according to data reported by 35 companies, the Minister of Energy and Industry at the Prime Minister’s Office revelead yesterday.
Pehin Datu Singamanteri Colonel (Rtd) Dato Seri Setia (Dr) Awang Haji Mohammad Yasmin Haji Umar said that the numbers, along with Brunei’s rise to 12 out of 73 countries in the Global Islamic Economy Indicator report by Thomson Reuters*, signals a growing momentum within the country’s Halal industry – which should continue to be a priority for the government and private sector to develop further.
“Alhamdulillah, we have seen growth of Brunei Darussalam’s Halal sector over the last five years,” said the minister yesterday at the launch of the Brunei Halal Showcase (BruHAS 2017) at Bridex, which runs until 6pm tomorrow. “This (rise to 12th) is an improvement of five places from 17th position last year. This increase is attributed to the growth of Halal travel and strong performance in the Halal Food ecosystem development.”
Halal certified food products, especially under the Brunei Halal brand – run by the state-owned Ghanim International Corporation – have also made an entry to the UK market, shared the minister.
Foreign direct investments such as Simpor Pharma, a manufacturing facility producing Syariah compliant pharmaceutical products and Western Foods and Packaging, who refine palm oil and manufacture margarine, have also ushered in new opportunities and job creation for Brunei.
The minister urged local micro, small and medium enterprises (MSMEs) partner with these companies either to manufacture, brand, market and distribute their products into the domestic, regional and global market.
“The Global Halal Food & Lifestyle Sector is slated to grow to 3 trillion USD by 2021, so we should be forward looking to allow our local MSMEs to benefit from this trend,” he said, while also encouraging more business to report their data to the Business Reporting Portal* to allow the government to better understand the industry needs and trends – and develop strategies that will develop and grow it further.