KUALA LUMPUR – October 3, 2019: The largest vape exhibition ever held in the country, North Vape & Pod Leypark was held in Penang three days ago.
The event, jointly organised by local entrepreneur Bosco Vapor and non-governmental organization National Drivers, was officiated by Nor Hizwan Ahmad, the political secretary to Housing and Local Government Minister Zuraida Kamaruddin. Also present was Penang executive committee member in charge of health, Dr Afif Bahardin.
Event spokesman Badrul Hisham Shaharin, also known as Chegubard said the exhibition was attended by over 10,000 people which indicates the huge demand for vape products in Malaysia.
The vape industry in Malaysia was estimated to currently worth over RM2 billion and is a fast-growing market. Its ecosystem includes manufacturers, importers, logistics, warehouse and distributors.
Badrul said 95 per cent of vape entrepreneurs are bumiputras and they need the support from the government.
Addressing public concern over the event, he assured that strict control was maintained to ensure that those under the age of 18 were prohibited from it.
Badrul said those involved in the vape industry welcomed the government’s intention to enact new vape and e-cigarette regulations.
“Regulated industries allow for the introduction of vape products that meet safety standards and prevent traders from targeting underage consumers. In addition, the introduction of new laws for the industry will benefit the government in term of tax collection,” he said..
Previously, the government had decided that the vape industry will be regulated and that its products that contain nicotine should come under the purview of the Health Ministry and that new regulations will be formally introduced soon.
Health Minister Datuk Seri Dr Dzulkefly Ahmad was quoted as saying that the proposed new laws was expected to be able to tackle the issues comprehensively.