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This includes access to mentorship, training, and workshops.
Minister of Investment, Trade and Industry, Tengku Datuk Seri Utama Zafrul Abdul Aziz has launched the Malaysian Industrial Development Finance's new RM100mn Halal Accreditation and Technology Improvement (HATI) initiative.
With loans as low as RM50,000, the fund aims to empower small and medium-sized enterprises (SMEs) to tap into the lucrative halal market via the following:
- Financing from 4% to 6.5% p.a., up to RM100mn
- Covers halal certification, premises renovation, machinery & more
- Access to mentorship, training, and workshops
- Benefit from strategic partnerships with Halal Development Corporation, JAKIM, and others
- Boosts competitiveness globally
HATI also focuses on modernisation and technology adoption. As shared by Minister Zafrul, beyond financing, HATI provides unique ecosystem support, aligning with the MADANI Economic framework and New Industrial Master Plan 2030 (NIMP 2030).
Minister Zafrul shared: "The value of Malaysia's halal exports reached RM54bn in 2023 which is still a small percentage compared to our total exports amounting to RM1.4tn last year.
"This is where the Halal Industrial Master Plan (#HIMP) 2030 plays its role, supporting the New Industrial Master Plan (#NIMP2030) to enhance the capabilities of our halal industry."
Lead image / Ministry of Investment, Trade and Industry
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