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Malaysian firm – Halal Development Corporation Berhad (HDC) and Saudi Arabia firm – Halal Products Development Company (HPDC) has signed a strategic partnership to strengthen the growth of the halal industry within Saudi Arabia and globally.
The MoU signing ceremony took place on Monday, 4th December 2023 at the Halal Expo London. On behalf of HDC, CEO Mr Hairol Ariffein Sahari signed the agreement while HDPC was represented by its CEO Mr Fahad S. AlNuhait.
This collaboration marks a significant milestone – a major step forward for both HDC and HPDC to foster commercial relationships between stakeholders in various Halal sectors. The agreement will broaden the scope of collaboration by facilitating engagement with Halal exporters and investors, ultimately contributing to the development of a robust Halal ecosystem.
HDC’s extensive experience building comprehensive Halal ecosystems and commitment to providing specialized advisory services, investment strategies, innovation collaboration, technology transfer, and industry thought leadership offers a proven effective operational model, along with a sustainable ecosystem that not only will bring substantial benefit to Saudi Arabia. It also extends a positive impact beyond its borders.
