Monthly Archives September 2020

Five local chocolate brands to enter the international market by 2025 | Money

KUALA LUMPUR, September 8 – Five brands of local chocolate products will potentially enter the international market by the end of 2025, when Langkawi in Kedah becomes a national chocolate hub.

Plantation Industries and Commodities Deputy Minister II Willie Mongin said the five brands are Ryverra Chocolate, Grandeur Chocolate, Malsa, D&J Chocolate and Hazleen Chocolate, which will be marketed in China, the Middle East and Singapore.

He said the chocolate hub would have a major impact on the local chocolate industry, including increasing the average income of chocolate entrepreneurs by 10% per year to RM16 million by the end of 2025, against 10.7 million RM in 2019.

“Domestic cocoa consumption will increase by 2% per year to reach 23,000 metric tonnes by the end of 2025, up from 21,000 metric tonnes in 2019.

“Apart from that, the creation of a chocolate hub in Langkawi will further stimulate demand for local chocolate products. This demand will directly increase national cocoa consumption, ”he said during the question-and-answer session in Dewan Negara today.

He was responding to Senator Asmak Husin who had asked about the chocolate hub model proposed in Langkawi and its positive short and long term impact on the local cocoa industry.

Meanwhile, Mongin said that the establishment of the chocolate hub in Langkawi aims to encourage the participation of local chocolate entrepreneurs by providing a local trading network equipped with various facilities for the production and sale of chocolate.

He said the ministry would continue to encourage cocoa cultivation through the Cocoa Cluster Program in Ranau, Sabah; Kota Samarahan in Sarawak; and Raub in Pahang.

“Existing grinders should use more local cocoa beans to produce semi-processed cocoa products. This will reduce dependence on dried cocoa beans which will be imported from the African continent, ”he added. – Bernama


Source link