Brunei aims to be ASEAN’s leading pharmaceutical producer
BRUNEI is keen on emerging as a leading halal pharmaceutical producer and exporter in ASEAN and eventually worldwide, said the Minister of Energy and Industry at the Prime Minister’s Office yesterday.
Yang Berhormat Pehin Datu Singamanteri Colonel (Rtd) Dato Seri Setia (Dr) Hj Mohammad Yasmin Hj Umar said with Brunei Halal certification and branding, more can be done to leverage on it and expand.
“Brunei’s Halal certificate is premium. We must leverage on Brunei Halal certification and gear our efforts towards this,’’ he told The Brunei Times on the sidelines of the launch of MC Biotech’s bioproduction facility.
The minister cited a Thomas Reuters report, which stated the value of the global halal pharmaceuticals sector is worth US$72 billion.
“Hence, the opportunities are endless in this sector,’’ YB Pehin Dato Hj Mohd Yasmin said.
The minister strongly suggested for MC Biotech to work with Simpor Pharma, Brunei’s first pharmaceutical plant to find opportunities that can result in the export of halal pharmaceutical and health supplements worldwide from Brunei.
YB Pehin Dato Hj Mohd Yasmin also encouraged MC Biotech to look at what value-added products for Brunei can be offered from their operations here.
“Such examples are producing health supplements in Brunei. The market for these products is very high,’’ he said.
The Brunei Times