Malaysia: Utilise Tekun Nasional Loans To Produce More Halal Food Products

malaysia-flagKUALA LUMPUR, June 13 (Bernama) — Entrepreneurs involved in the production of Agro-based products must take advantage of loans and facilities offered by Tekun Nasional to increase their production of halal food products to capture the overseas market that is worth over RM3 trillion.

Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob said this was because the Malaysian Halal logo today was accepted and most reliable in the whole world.

“Many foreign companies used Malaysia as a hub to repack their products to get Malaysia’s Halal stamp because of the ease of their products to marketed throughout the world,” he told reporters after a meeting at the Tekun Nasional, here, Thursday.

Ismail Sabri said from 1998 to May 31, this year, Tekun Nasional had issued a total of RM2.7 billion loans involving 258,676 operators with repayment of RM1.58 billion.

“The biggest sector is services (45 per cent), retail (35 per cent), agriculture and agro-based enterprises (10 per cent), manufacturing (eight per cent) and construction and subcontractors (two per cent).. agricultural entrepreneurs or industry based on agriculture only 10 per cent, this amount is too small,” he said.