The Business Matching Event In the Halal Market In Malaysia, February 17, 2014
JTB Corporate Sales Inc, a JTB Group company that provides support to help Japanese companies to expand into overseas markets, as well as other services, is to co-host the "Business Matching Event in the Halal Market in Malaysia", a local business matching event targeted at Japanese manufacturers on Monday, February 17, 2014, in Kuala Lumpur in Malaysia. Also co-hosting the event is Halal Industry Development Corporation (HDC), a Malaysian governmental agency entrusted to establish Malaysia as a global halal hub in an integrated and comprehensive manner.
The world's population of Muslims reached 1.6 billion people in 2010 and is expected to rise to 2.2 billion people by 2030, accounting for about 26.4% of the total population of the world.*1 With this as the background, JTB Corporate Sales Inc. has planned this business matching event to introduce Japanese manufacturers in the food processing, cosmetics, pharmaceuticals and other industries with growing interest in the Muslim market to Malaysian halal product manufacturers and industrial complexes that can play essential roles in allowing for their successful entrance into the market, as a company providing various support services to businesses to help them to resolve problems and successfully expand into overseas markets.
Islam is the official religion of Malaysia, which enjoys probably the most stable economic growth of all ASEAN economies. In fact, it is a national policy of the Malaysian Government to make the country a "global halal hub."*2 The Department of Islamic Development Malaysia (JAKIM) of the Prime Minister's Office of Malaysia is responsible for halal certification and has built a high level of international confidence in the country's halal certification system. Halal-certified companies stand a good chance of successfully entering, and expanding in, not only the Malaysian market but also the larger Muslim market. Moreover, recent years have seen growing demand for halal products among non-Muslim people and the demand is projected to further increase in the future, as halal products, for which traceability is established (from manufacture to distribution), are now increasingly recognized as being safe and trustworthy, in terms of environmental protection, hygiene and health.
This event will provide opportunities for Japanese participants not only to take part in business matching sessions by advance appointments but also to have workshops (discussions) with Malaysian governmental agencies in relation to the latest local investment trends, realities of halal, things to keep in mind when expanding their business into Malaysia, and so on, as well as to network with related local parties. In addition, the event will also include optional opportunities to participate in study tours of halal product manufacturing plants of local companies and to do research on the realities of retail in Malaysia.
Please find the details below.
Organizer： JTB Corporate Sales Inc.
HDC (Halal Industry Development Corporation)
Supporter： MIDA Tokyo & Osaka Office
SME Support Japan
Japan Food Industry Association
Japan Engineers Federation
INCGRWO Co., Ltd
Nikkan Kogyo Shimbun
Japan Chamber of Commerce and Industry
Opening ceremony followed by a presentation by HDC for Japanese manufactures at HDC training centre (consecutive translation will be provided)
Morning breaks for Japanese manufactures and Malaysian governmental bodies at HDC training centre
Round table discussion (workshop) between Japanese manufactures and Malaysian governmental bodies / a local bank at HDC training centre (consecutive translation will be provided)
Networking lunch between Japanese manufactures and Malaysian manufactures at HDC training centre
Pre-arranged business matching between Japanese manufactures and pre-booked potential Malaysian manufactures at HDC training centre (consecutive translation will be provided if necessary at each Japanese manufacture booth)
Afternoon breaks for Japanese manufactures and Malaysian manufactures at HDC training centre
Networking casual cocktail party (with fresh & soft drinks and finger foods) between Japanese manufactures and Malaysian manufactures at One World Hotel
Networking sitting dinner party between Japanese manufactures and Malaysian & Japanese governmental bodies
JTB Corporate Sales Inc.
*1.Source: The Future of the Global Muslim Population, published by the non-profit organization Pew Research Center on January 27, 2011
*2.Global halal hub: Malaysia has a strategy to make the country a business hub into the Middle Eastern and Southeast Asian markets, which are predominantly Muslim, by taking advantage of it being a Muslim nation itself.