Published:  01:00 AM, 10 August 2018

Halal products industry can get separate EZ: BIDA


Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam yesterday 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' organized 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.

-BSS

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