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NAME OF STUDENTS:
LECTURER
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Project Summary Content
I. Project Background
Halal is a global industry. With a stake in commercial sectors worldwide, Halal Development has become a
significant contributor to all facets of economic growth. Focusing on development of Halal standards, audit and
certification, plus capacity building for Halal products and services, HDC promotes participation and facilitates
growth of Malaysian companies in the global Halal market. Date Prepared: 1 March 2018 and completed earliest
31 March 2019
Seminar Venue
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II. Project Objectives
Firstly to create value for businesses participating in the Global Halal Industry and to benefit Malaysia's
economy.
Secondly HDC focuses on the development of halal standards; branding and promotion; and commercial
development of halal products and services
Project Purpose
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Project Halal Products project that been proposed by
Description federal government to introduce at all local
authorities in Malaysia.
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Intitial Risk a) Limited resources in terms of cost and human
resources
b) Insufficient time – Poor time management
c) Improper maintenance of the facilities
d) Too many stakeholders lead to
miscommunication
e) Difficult to get cooperation from local people
Secondly is focusing on improving and enhancing the existing halal products or activities to be more effective to
market the Halal products and Providing the societies with more information about Halal Product
The estimated budget for this project is worth RM 1Million . This cost will be divided by each group in the project,
eg team marketing, planning and evaluation, budget for list attendance and guest, budget for catering, venue
and for Public Relation Team.
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V. Output and Expected Expenditure from Project
This section describes the size and shape of demand or market for output or
Services rendered by the project. It states that the benefits are Expected or expected including the number and
type or areas Target.
Through the planning of this project, our organization receives high returns where the outcome is able to bring
good returns to the country's economy. Our organization also branded halal products into products in the eyes of
the world.
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VII. Additional information
• Vision:
• Mission
To create value for businesses participating in the Global Halal Industry and to benefit Malaysia's economy
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Halal industries
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THE LOGICAL FRAMEWORK: MONITORING AND EVALUATION
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Determine appropriate Business Plan The individual who Increase Malaysia
Create new Halal Products received financial economic growth
Customers Satisfactions aid achieve more Improve cost of
Gain more profit income. living for SME’s
SME’s entrepreneurs.
entrepreneurs gain Addressed low
more profit through income earners from
the seminar poverty
Encourage low
income people to be
independent by
selling halal hub
products
Outputs The percentage of Data collected More people know
Improved the SME’s and Malaysia income Halal Hub products from Department about all the Halal
within the stipulated time increase (urban and of Statistics products.
rural areas) Malaysia The sales and demand
for Halal products
increase.
Achieved growing
economy in the country
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PART B
I. Project Summary
Halal industry is the latest trend in the world market. With Muslim population reaching 3 billion people, Halal
industry becomes one of the fastest growing businesses in the global market. It covers sector such as finance,
tourism, service, transportations, and food. Food is the essential thing in human life and the market
potential for Halal food is very promising with Islam as the fastest growing religion in the world. The global
halal market has emerged as a new growth sector in the global economy and is creating a strong presence in
developed countries. The most promising halal markets are the fast-growing economies of the Asia, Middle East,
Europe and the Americas. With a growing consumer base, and increasing growth in many parts of the world, the
industry is set to become a competitive force in world international trade. The halal industry has now expanded
well beyond the food sector further widening the economic potentials for halal.
II. Objective
The objective of this project is:
I. To introduce halal products and brand to all people.
II. To develop positive perception on Halal and Halal products and services among the people.
III. To gain acceptance of Halal Industries from all different religion and races in the world.
IV. To determine appropriate business plan.
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(a) Challenges of halal product
I. The lack of a single unified global halal standard is a pressing issue within the halal industry.
II. Geographical locations and ethnicity differences resulted in variations in halal concepts adopted by
Muslims worldwide.
III. Ensuring halal integrity for the halal industry since the halal industry involves ‘farm to table’ operations.
IV. Lack of skilled workers as it needs qualified people to administer halal matters is priority.
(b). Justification
Development of the halal food industry has significant impact not only to people, but the economy. The halal
food industry has attracted participation from SME specializing in the processing and production of halal foods. A
halal food industry also contributes to the economic development of the country but consumption of halal food
affects the physical and spiritual growth of human being. This will create value for business participating in the
Global Halal Industry between the other country.
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(ii) Project Component
This exhibition will be provide around 200 booths, comfortable exhibition space approximately 14,400 sq.,
targeting traders and exhibitors over 10 countries participation as well as presence over 400 reputable local and
international businesses in order to achieve objective organizing this grand exhibition. Organizers will make
publicity through printed and electronic media, advertising through posters, flyers, social media and website to
promote the exhibition. This will equipped International Halal Hub Exhibition with the extra edge to break through
barriers to enter young developing markets committed to serving the needs of the halal consumer and to reach a
quality-conscious generation seeking quality halal food products.
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V. OPPORTUNITIES
(i) Market Opportunities
I. Halal food has the opportunity to be the global standard for safe, wholesome, humane food if producers
fully adhered to the concept of Halal and Tayyib as in the tenets of Islam.
II. Develop premium organic product lines. There is an increased global demand for organic and natural food.
III. Investment opportunities in Halal food value chain integration. Many companies in the Halal food market
are small and fragmented. Financing vertical integration of the supply chain, from slaughterhouses to
distributors is an investment opportunity that should provide lucrative returns for the investors as well as
develop strong companies in this space.
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VII. Risk
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requirements
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