South Korea's SPC Group to build RM130m halal-certified bakery centre in Johor - MIDA | Malaysian Investment Development Authority
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South Korea’s SPC Group to build RM130m halal-certified bakery centre in Johor

South Korea’s SPC Group to build RM130m halal-certified bakery centre in Johor

17 Jun 2022

Paris Baguette Singapore, owned by South Korea’s SPC Group, will be investing RM130 million to develop its first Paris Baguette halal-certified bakery manufacturing and distribution centre in Johor.

The construction of the SPC centre in Johor is set to begin in the third quarter of this year, and the facility is slated to be operational in June 2023, SPC Group said in a statement on Friday (June 17).

“The Johor-based SPC centre will manufacture about 100 items such as bread, cake and dessert to supply to Paris Baguette outlets in Southeast Asia countries, including Singapore, Vietnam, Cambodia and Indonesia.

“The facility will also serve as a production and distribution hub to supply to future halal markets, such as the Middle East countries. Notably, the new facility is expected to create close to 100 new job opportunities,” it said.

SPC Group chairman Hur Young-In said the centre will act as a cornerstone of the company’s Southeast Asia business expansion and aid in the venture into the Middle East.

“SPC Group is looking forward to contributing to the huge global halal food market potential of over US$2 trillion (about RM8.8 trillion). The new Johor-based facility will span 16,500 square metres and will be located at the Nusajaya Tech Park (NTP).

“The NTP is a strategic location with seamless access to international airports and seaports in both Singapore and Malaysia that connects to all major cities in Asia, supporting its business expansion into Southeast Asia and the Middle East region,” he said.

In addition to the strategic location and friendly business policies, he said Malaysia is also an ideal investment destination for SPC Group due to its halal landscape, and the company will continue to invest aggressively to accelerate its global expansion.

SPC Group also aims to build an additional global manufacturing and distribution centre in Malaysia that will expand and support the company’s production.

The company will focus on the Muslim market, which accounts for 24% of the world’s population or 1.9 billion people, through its halal certification.

Source: Bernama