China State Construction Engineering Corporation (CSCEC)
expresses interest in Sanichi’s Halal Gelatin Industrial Park
KUALA LUMPUR, 9
th December 2019: The Second Construction Co., Ltd of China Construction
Third Engineering Bureau, a key enterprise of China State Construction Engineering
Corporation (CSCEC), the world’slargest construction company, recently expressesits interest
to actively participate in Sanichi’s foray into the lucrative Halal industry space with the latter’s
development of Malaysia and ASEAN’s 1st Halal Gelatin Industrial Park.
CSCEC is ranked 21st on the Fortune Global 500 2019 with USD181 billion in Revenue, USD3
billion in Profit, USD272 billion in Assets and employs over 300 thousand employees globally,
is rated A by S&P, Moody and Fitch, as the highest credit rating Group in the global
construction industry.
YAB Datuk Seri Mohd Redzuan bin Md Yusof (Minister of Entrepreneur Development) recently
shared that the global Halal industry is a low hanging fruit for small and medium enterprises
(SMEs) to harvest as the ministry is intensifying its efforts in attracting downstream Halal
business players to Malaysia, which includes Halal gelatin producers, from research and
development to commercialization.
The Melaka Halal Gelatin Industrial Park (MHIP) will be situated on a 212-acre piece of land
in Kuala Linggi, Alor Gajah and will house a Jabatan Kemajuan Islam Malaysia (JAKIM) certified
Halal Gelatin Plant, coupled with related downstream industrial activities for applications
across diverse industries and sectors, from food sector to pharmaceutical, cosmetic and
health products, amongst others.
Sanichi’s subsidiary, BCA International SB (BCA), with Perbadanan Kemajuan Negeri Melaka
(PKNM) as its strategic partner, is in the midst of finalising the acquisition of the land from
Pembangunan Pertanian Melaka Sdn Bhd (PPMSB) and has received huge support from
government agencies such as JAKIM, Halal Industry Development Corporation, Department
of Veterinary Services , Malacca Chief Minister Office, PKNM, PPMSB, Bank Rakyat, SME Bank,
for this national agenda.
The development will be completed in 2 phases over the next 5 years with target operation
of Halal Gelatin Plant by mid-2021 and completion of industrial park by 2025, giving a Gross
Development Value of up to RM1.3 billion and Halal gelatin plant production value of up to
RM250 million per annum for this niche lucrative market.
“The global gelatin market size is estimated at USD2.9 billion (RM12.1 billion) in 2018 and is
projected to expand at a Compound Annual Growth Rate (CAGR) of 8% over the forecast
period until 2025 (Source: Gelatin Market Size, Share, Industry Trends Report 2019-2025).
78% of the global gelatin supply is from Europe and USA, while the balance 22% is from other
countries, such as China, Pakistan, India and Russia. A staggering 97% of global gelatin is non
Halal, leaving a mere 3% Halal certified or Syariah Compliant, which is grossly insufficient to
cater for the 24% of the world population who are Muslims. (Source: Status of The Islamic
Economy Report 2018/2019 & Grand View Research 2016).
BCA has recently signed three crucial Memorandum of Understandings (MoUs) to form
strategic alliance with key partners in the industry to ensure the success of the MHGIP,
namely:
(a) BCA’s MoU with New Zealand-based Taranaki Bio Extracts Ltd, for supply of essential
raw materials, namely Halal certified dry bone chips (DBC) for production of Halal
gelatin;
(b) BCA’s MoU with New Zealand-based Oceania Halal Academy Limited, on research and
development to source, produce and supply Halal DBC as raw material for production
of Halal gelatin; and
(c) BCA’s MoU with Universiti Malaysia Pahang (UMP) and UMP Green Technology Sdn
Bhd (UMPGT), on investment collaboration of its research and development and Halal
Gelatin Incubator Plant.
ABOUT SANICHI TECHNOLOGY BERHAD (Sanichi)
Sanichi is a public listed company on the ACE Market (Bursa Malaysia) with its core activities
in property development and manufacturing of precision plastic injection mould for European
automotive industries.
Website: www.sanchimould.com
ABOUT BCA INTERNATIONAL SDN BHD (BCA)
BCA is at the forefront for the development of Malaysia’s first Halal Gelatin Industrial Park, to
be known as Melaka Halal Gelatin Industrial Park (MHGIP).
Website: www.bcagroups.com
ABOUT CHINA STATE CONSTRUCTION ENGINEERING CORPORATION (CSCEC)
Founded in 1892, CSCES is now a global investment and construction group and is ranked 21st
on the Fortune Global 500 2019
