Two Companies To Start Operations In Penang's Halal Industrial Park Next Year

Bernama -- Two local companies who produce halal medical products will become the first companies to start operations at the Penang Halal Industrial Park next year.

Chief Minister Lim Guan Eng said that Halagel (M) Sdn Bhd, producer of halal gelatine for pharmacies, and GranuLab (M) Sdn Bhd, a producer of synthetic bone graft material, had agreed to build their factories in the park which is located in Bukit Minyak, Seberang Perai.

He said Halagel and GanuLab were in the midst of getting ready to start their operations in the park which is located next to the Science Park there. Both the companies expect to start work on their respective factories in two or three months time.

Lim said this at a press conference held in his office here today.

He said Halagel will invest more than RM130 million while GranuLab will invest RM100 million in the Halal Industrial Park.

"This is among the efforts taken by the state government to build up a successful international halal hub in Penang and the first phase of the park will cover an area of 52.4 hectares," he said.

Lim said Granulab will be also directly involved in the setting up of an incubator centre to encourage the development of businesses and technology expansion in the park and this is expected to attract investments from a variety of multinational companies.

He said the incubator centre which will occupy a 0.8 hectare piece of land, is expected to help 20 other companies to start their operations in the park.

"What is important is that both Halagel and GranuLab are able to generate job opportunities for 500 people and GranuLab will give attention to knowledge-based workers," he said.Read more.......