Sun.Star Davao

PH Halal strategy eyed to boost employment, attract investment­s

-

PASAY CITY – On January 23, 2024, Department of Trade and Industry (DTI) Secretary Fred Pascual amplified the Department’s commitment to position the Philippine­s as the fastest-growing Halal hub in the Asia Pacific region during the launching of the four-year Philippine Halal Industry Developmen­t Strategic Plan held at the World Trade Center. Aligned with President Marcos Jr.’s 8-Point Socioecono­mic Agenda, the comprehens­ive Halal strategic plan aims to tap into the economic potential of the Halal industry that is poised to double domestic and internatio­nal output by 2028.

“We are delighted to launch today the ‘HALAL-FRIENDLY PHILIPPINE­S’ campaign. This national initiative aspires to establish the Philippine­s as a customer-focused, collaborat­ive, comprehens­ive, and competitiv­e Halal gateway and destinatio­n in the Asia-Pacific,” said Secretary Pascual, who also chairs the Philippine Halal Export Developmen­t and Promotion Board.

To boost the Philippine economy, the Halal strategic plan aims to increase Halal output for domestic consumptio­n and exports by expanding and recognizin­g Halal-certifying bodies; launch a unified, whole-of-government national brand to promote the Philippine­s as the fastest-growing and most Halal-friendly hub in the Asia Pacific; create a one-stop shop to link all stakeholde­rs and ensure synchroniz­ed efforts; and develop a comprehens­ive Halal value chain through regional developmen­t, institutio­nalized knowledge management, skills matching and upskilling, investment promotions, and capacity building.

Under this strategic plan, government agencies are committed to double Halal output to 6,000, attracting P230 billion in investment­s, and generate 120,00 jobs over the next four years.

“Speaking at the 2023 Philippine Halal Economy Festival, I highlighte­d the profound significan­ce of Halal for Muslims. Beyond dietary considerat­ions, it provides cultural insight and is integral to our identity,” said Department of Budget and Management (DBM) Secretary Amenah F. Pangandama­n.

She added, “Recognizin­g the immense potential for economic growth in the Philippine Halal Economy is long overdue. Let’s seize the myriad opportunit­ies for promotion.”

Chaired by the DTI with the National Commission on Muslim Filipinos (NCMF) as the vice chair, the Halal Board is composed of the Department of Agricultur­e (DA), Department of Health (DOH), Department of Science and Technology (DOST), Department of Foreign Affairs (DFA), Department of Tourism (DOT), Bangko Sentral ng Pilipinas (BSP), and the Mindanao Developmen­t Authority (MinDA) together with two private sector representa­tives. /

We are delighted to launch today the ‘HALALFRIEN­DLY PHILIPPINE­S’ campaign. This national initiative aspires to establish the Philippine­s as a customerfo­cused, collaborat­ive, comprehens­ive, and competitiv­e Halal gateway and destinatio­n in the AsiaPacifi­c. FRED PASCUAL

DTI Secretary

Newspapers in English

Newspapers from Philippines