INDONESIA-MALAYSIA COOPERATION IN SUSTAINABLE PALM OIL DEVELOPMENT THROUGH HALAL VALUE CHAIN
DOI:
https://doi.org/10.54783/zc4z0306Keywords:
Halal value chain, Sustainable palm oil, Indonesia–Malaysia cooperation, ISPO–MSPO harmonization, Green investmentAbstract
The Halal Value Chain in the Indo-Malay region plays a strategic role in strengthening the competitiveness of the global halal industry. Indonesia and Malaysia as major producers of Crude Palm Oil (CPO) need to strengthen the integration of the halal value chain through the harmonization of ISPO-MSPO standards to answer sustainability demands, namely the management of the palm oil industry that pays attention to environmental, social, and economic aspects, increasing the transparency of the production process, and strengthening the position of Indo-Malay in the international market. This study examines Indonesia-Malaysia bilateral cooperation in halal certification and sustainable palm oil development through ISPO and MSPO. The qualitative method is used by analyzing secondary data from journals, official reports, websites, books, and related documents. The results of the study show that Indonesia-Malaysia cooperation strengthens the halal value chain through halal certification and palm oil sustainability standards. ISPO–MSPO integration improves supply chain governance and efficiency. This collaboration adds value and competitiveness to halal products. The synergy between the two countries strengthens the position of Indo-Malay in the global market.
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