Indonesia eyes to become big investor in global halal industry | World
Indonesian People’s Consultative Assembly (MPR) speaker (Source: Antara)Jakarta (VNA) – Indonesia, with the largest Muslim inhabitants
throughout the world, should turn into a big participant in the international halal market somewhat
than merely a sector target of this marketplace, in accordance to the Indonesian
People’s Consultative Assembly (MPR) speaker.
MPR speaker Bambang Soesatyo reported on May possibly 25 that in January,
Vice President Ma’ruf Amin initiated the World Halal Hub ecosystem as aspect of
the countrywide synergy motion to make Indonesia as a international halal producer hub
in 2024.
He cited the State of Worldwide Islamic Economic system Report
2020-2021 as expressing that international consumption of halal goods is expected to
improve, from 1.17 trillion USD in 2019 to 1.38 trillion USD by 2024.
Meanwhile, the use of Islamic fashion globally is
anticipated to rise, from 277 billion USD to 311 billion USD, he remarked.
The 6 significant industries in the global halal field are food, fashion,
tourism, cosmetics, pharmacy, and new and renewable energies, he mentioned adding that Indonesia can purpose to dominate the food and trend industries.
Citing Financial institution Indonesia’s investigation, Muslim foods and manner
industries touch all strata of modern society, right from farmers to Islamic faculties
and key corporations, he additional./.
VNA