Malaysia Secures RM4 Billion Halal Investment from China

Malaysia's open policy and strategic engagement with both China and the US have bolstered its position as a prime investment destination, particularly in the semiconductor industry. The country's neutral stance amid the US-China tech rivalry has made it appealing for tech companies seeking stable supply chains. In a related development, Malaysia has attracted RM4 billion in potential investments from China for its halal industry, reflecting global confidence in its halal certification standards. The Malaysia-China Halal Business Forum, held during Deputy Prime Minister Ahmad Zahid Hamidi's visit to China, saw significant interest from Chinese companies in various sectors including food, cosmetics, and pharmaceuticals. Both countries aim to leverage 'halal diplomacy' to unlock further economic opportunities, with Malaysia positioned as a certification hub for halal products. The global halal market presents substantial potential, with Malaysia and China poised to collaborate closely in this sector.