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The Malaysian
Government is committed to the development of the food industry.
Various incentives including financial assistance are put in place
to encourage companies to venture into food productions and
processing.
Although Malaysia remains a net importer of food, it is
encouraging to note that the export of value added processed food
has grown from RM 4.98 billion in 2003 to RM6.1 billion in 2004.
Today Malaysia is a net exporter of many food products such as
cocoa and cocoa preparations, processed seafood products and
cereal preparations.
Malaysia's food industry faces intense competition in the local
market as well as in the international arena with the continued
liberalization of the world market. Malaysian companies need to
continue to be competitive and innovative, and upgrade their
production to produce products to meet the stringent requirements
of the food markets.
Currently, Malaysia already enjoys wide market acceptance due to
the global recognition of Malaysia's capabilities for monitoring
and certification of halal food. Malaysian companies should
leverage on this advantage to enter the global halal food market
estimated at RM560 billion (US$150 billion). Access to the
international market requires extensive marketing and promotion.
This publication will provide a useful source of reference on
Malaysian food and beverage industry for business collaboration
between Malaysian manufacturers and overseas buyers, traders and
other potential business partners.
I would like to take this opportunity to congratulate the
publisher for the publication of "Malaysia Food &
Beverage Manufacturers & Exporters Directory 2005/2006"
which will contribute to the promotion of Malaysian food in both
the local and international markets. |
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