Sunday, October 31, 2010
M’sia aims for 30% of global birds nest market by 2020
Published: Saturday October 30, 2010 MYT 5:58:00 PM
KUALA LUMPUR: Malaysia aims to capture 30% of the global birds nest market, which is worth US$1.5bil (RM4.7bil) annually, by 2020 under the government's Economic Transformation Programme.Veterinary Services Department director-general Datuk Dr Abd Aziz Jamaluddin said of the figure, 70% would be food and drink products and the rest as raw material.
"The government has classified birds nest production as a high impact industry that can generate lucrative returns," he told reporters after opening a seminar on the industry organised by Global Excellent Marketing Sdn Bhd and Kelab Usahawan Tani Malaysia, here Saturday. The department, the Ministry of Agriculture and Agro-based Industry are spearheading the industry's growth.
The industry is categorised as an entry point project under the ETP. - Bernama