MITI considers HDC, MATRADE merger
KUALA LUMPUR: The Investment, Trade and Industry Ministry (MITI) is studying the merger of the Halal Development Corporation (HDC) and the Malaysia External Trade Development Corporation (MATRADE).
Its Minister Datuk Seri Tengku Zafrul Aziz said the matter is under discussion because there were several other proposals put forward such as strengthening the country's halal industry.
'We want to strengthen the halal industry by focusing on halal development and do not want any overlap in terms of halal trade.
'We want MATRADE to focus more on halal trade in terms of providing access to halal products, while we want to ensure that HDC focuses more on halal development,' he told reporters after the ASEAN-GCC Economic Forum 2025 here today.
Tengku Zafrul said the Malaysian Investment Development Authority (MIDA) would focus on investments involving the halal industry.
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