2019 | Quarter 1

Northport Signs MoU to Establish

Malaysia Japan Halal Value Chain Initiative

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Northport (Malaysia) Bhd (Northport), a member of MMC Group, signed a Memorandum of Understanding (MoU) with Sojitz Malaysia Sdn Bhd (Sojitz Malaysia) and NL Cold Chain Network (M) Sdn Bhd (NLCCN) to establish the Malaysia Japan Halal Value Chain initiative.

The event was held at Zenith Hotel in Putrajaya and saw the MoU signed by Dato’ Azman Shah Mohd Yusof, Northport Chief Executive Officer; Mr. Ryuta Katori, Sojitz Malaysia Managing Director; and Mr. Koichi Iwahara, NLCCN Chief Executive Officer.

The signing ceremony was witnessed by Yang Berhormat Datuk Seri Mohd Redzuan Yusof, Minister of Entrepreneur Development; Mr. Hiroyuki Orikasa, Embassy of Japan‘s Deputy Chief of the Mission; and Mr. Ian James, Group Chief Executive Officer of MMC Port Holdings Sdn Bhd. Also present were representatives from Malaysia External Trade Development Corporation (MATRADE), Japan External Trade Organisation, Invest Selangor, Jabatan Kemajuan Islam Malaysia (JAKIM) and SME Corporation Malaysia.

The collaboration is aimed at establishing an integrated halal value chain between Port Klang and Japan by creating an end-to-end logistics network and facilitate Halal trade arrangements between Malaysia and Japan. In doing so, the parties will also promote Selangor as the preferred investment location for Japanese Halal Manufacturers to penetrate ASEAN and Global Halal market, capitalising on Malaysia’s position as a leader in Halal manufacturing and certification.

The signing of the MoU is in tandem with an earlier memorandum signed by Datuk Seri Mohd Redzuan and Mr. Hiroshige Seko, Japanese Minister of Economy, Trade and Industry, on Halal cooperation to pave the way for more business opportunities in the Halal industry between the two countries. The agreement was signed in Tokyo during the Minister’s working visit to Japan in November last year.

“I believe that with this MoU, our Malaysian exporters especially the small and medium enterprises (SME) will have a better chance to expand their businesses to Japan and any other destinations via the value chain approach that the MoU partners are providing as the logistics requirements between Malaysia and Japan are being streamlined and simplified. I urge all Malaysian exporters especially the SMEs to take advantage of these opportunities which may arise from this initiative and to further improve their products to suite the global market’s needs”, said Datuk Seri Mohd Redzuan in his speech during the Malaysia Japan Halal Value Chain MoU signing ceremony event.