FAISALABAD: The Faisalabad Industrial Estate Development and Management Company (FIEDMC) signed a memorandum of understanding (MoU) with the Halal Research Council (HRC) on Monday to establish Pakistan’s first Halal Industrial Park.
Located on M3 Motorway, Industrial City Faisalabad, the Halal Industrial Park will be spread over 200 acres of land.
“The establishment of the Halal Industrial Park will significantly contribute to the economy of Pakistan,” said FIEDMC Chairman Khawaja Asim Khurshid. The market size of the global Halal food industry is estimated to be around $635 billion.
Speaking on the occasion, Punjab’s Livestock and Dairy Development Department Secretary Hamid Yaqoob Sheikh said that the provincial government would extend full support for the promotion of Halal meat and dairy industry.
He stressed the need for value addition in the Halal food industry to tap the Gulf and European markets.
Published in The Express Tribune, August 16th, 2011.