Johor attracts RM10 billion potential investments from China’s Shandong Huifa in frozen foods, pharmaceuticals, fashion and halal tourism sectors.
JOHOR BAHRU: Johor has secured potential high-impact investments worth RM10 billion from Chinese food giant Shandong Huifa Foodstuff Co Ltd.
The Shanghai Stock Exchange-listed company will invest across multiple strategic halal sectors including frozen foods, pharmaceuticals and nutraceuticals.
Additional investment areas cover fashion, ingredients and halal-based tourism services.
State Islamic Religious Affairs Committee chairman Mohd Fared Mohd Khalid announced the development through a Facebook post.
He revealed the project is expected to generate an export value of at least RM100 billion.
Implementation will align with the Johor Halal Development Plan 2030 under the Johor-Singapore Special Economic Zone.
“Alhamdulillah, the Johor state government’s investment and trade mission to China has recorded another great success,” Mohd Fared stated.
The achievement follows a memorandum of understanding signing between PIJ Halal Ventures Sdn Bhd and Shandong Huifa Foodstuff on November 4.
“This strengthens Johor’s position as ASEAN’s main halal hub,” he added.
The investment will create highly skilled job opportunities and facilitate technology transfer.
It will also accelerate the state’s economic transformation into a developed state.
The MoU document exchange ceremony was held yesterday in Shanghai.
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi witnessed the ceremony.
The event coincided with the Malaysia International Halal Showcase in Shanghai (MIHAS@Shanghai 2025).
The showcase serves as an important platform strengthening halal trade relations between Malaysia and China. – Bernama
