@Halal April 2019 - Page 18

18 @Halal | april-may. 2019 Business Route Powering the Halal Silk Initiative to facilitate Halal trade arrangement between Malaysia and Japan through HSR A keen eye to expand local prod- ucts to other parts of the world has led to the latest measure – dubbed as the Halal Silk Route (HSR) by Northport (Malaysia) Berhad. The HSR would see Malaysia sit at the centre of halal trade. For the past two years, the multi-purpose port has come out with the initiative, indicated as the missing link that will complete the Halal trade value chain globally. Northport is located in Port Klang, sur- rounded by major industrial areas and connected to almost all major highways and vast hinterland. Making it well-positioned to be the gateway for halal trade. According to Dato’ Azman Shah Mohd Yusof, CEO of Northport (Malaysia) Berhad, “Malaysia is a country at the centre of the global Muslim population. We have our advantages such as our very own, JAKIM, a well-known Halal Authority and our strategic location, near the Straits of Malacca. There- fore, we should utilise this and become the global distribution hub of halal products.” he explains. Collaboration between Northport, Sojitz and NL Cold Chain Network As an establishment of the Malaysia Japan Halal Value Chain initiative, Northport (Malaysia) Berhad together with Sojitz (Malaysia) Sdn Bhd and NL Cold Chain Network (M) Sdn Bhd have signed a Memorandum of Understanding (MoU). The signing of the MoU is in tandem with an earlier memorandum signed by Datuk Seri Mohd Redzuan and the Japanese Minister of Economy, Trade and Industry, Hiroshige Seko on Halal cooperation to pave the way for more business opportunities in the Halal industry between the two countries. Northport is a subsidiary of MMC Ports, Malaysia’s largest port operator. MMC Ports is a wholly-owned subsidiary of MMC Cor- poration Berhad, a conglomerate involved in ports and logistics; energy and utilities; and engineering. MMC operates Port of Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd, Kontena Nasional Berhad and JP Logistics Sdn Bhd. Sojitz Malaysia is an affiliate of Sojitz Corporation, a well-established Japanese general trading company listed on the Tokyo Stock Exchange. It has a worldwide network comprising approximately of 400 group companies and operations in around 50 countries. The broad range of sectors in which Sojitz operates includes those related to automobiles, plants, aerospace, medical infrastructure, energy, mineral resources, chemicals, foodstuff resources, agricultural and forestry resources, consumer goods, and industrial parks. The Company shareholders’ equity is JPY 586.4 billion and net sales based on Japanese Generally Accepted Accounting Principles or JGAAP is JPY 4,209.1 billion as at year ended March 31, 2018. NLCCN, which is jointly owned by Kha- zanah Nasional Berhad and the Nichirei Logistics Group of Japan, is a Halal Logistics Cold Chain company which offers a complete cold chain logistics solution leveraging on its 200,000 square feet one stop centre with modern facilities and logistics management system. Having served the Malaysian and Singaporean cold chain industries for more than ten years, NLCCN is the first cold chain company to receive the MS2400:2010 Halalan Toyyiban Assurance Pipeline for Logistics Scheme certificate in Malaysia from JAKIM. Roles and Responsibilities The MoU signing between of Northport (Malaysia) Berhad, Sojitz (Malaysia) Sdn Bhd, and Cold Chain Network (M) Sdn Bhd to develop the Halal Silk Route. Under the MoU, Northport will provide integrated end-to-end logistics support and solutions for import and export of Halal prod- ucts through Port Klang. Sojitz Malaysia will provide the required support and promote bilateral trade of Halal products through its experience and network. NLCCN will provide Halal logistical support for import and export of temperature-controlled cargo in Malaysia and Japan.