China corporation shows interest in Sanichi’s halal park

  • Corporate News
  • Tuesday, 10 Dec 2019

PETALING JAYA: SANICHI TECHNOLOGY BHD’s Halal Gelatin Industrial Park has attracted interest from China State Construction Engineering Corp (CSCEC).

Sanichi, in a statement, said the Second Construction Co Ltd of China Construction Third Engineering Bureau, a key enterprise of CSCEC, had expressed interest to actively participate in the project.

It said CSCEC, the world’s largest construction firm, was looking to be part of Sanichi’s foray into the lucrative halal industry space via the development of Malaysia and Asean’s 1st Halal Gelatin Industrial Park.

CSCEC is ranked 21st on the Fortune Global 500 2019 with US$181bil in revenue, US$3bil in profit, US$272bil in assets and employing over 300,000 employees globally.

Sanichi noted that Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof, recently stated that the global halal industry was a low-hanging fruit for small and medium enterprises to harvest, as the ministry was intensifying efforts to attract downstream halal business players to Malaysia.

The business players the ministry is looking to attract include halal gelatin producers, from research and development to commercialisation.

The Melaka Halal Gelatin Industrial Park will be situated on 212 acres in Kuala Linggi, Alor Gajah and will house a Jabatan Kemajuan Islam Malaysia (Jakim)-certified halal gelatin plant as well as with related downstream industrial activities for applications across diverse industries and sectors, from the food sector to pharmaceutical, cosmetic and health products.

The development has a gross development value of up to RM1.3bil and the halal gelatin plant has a production value of up to RM250mil per annum.

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