Malaysia digital economy company looking for more partners for DFTZ

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Xinhua, Kuala Lumpur :
Malaysia Digital Economy Corporation (MDEC), the country’s government-backed agency in promoting digital economy, is in talks with several e-commerce players for possible tie-up to enhance the Digital Free Trade Zone (DFTZ).
The government body is in negotiations with e-commerce players specifically from marketplace, logistic and trade facilitation from various countries including China and the United States, MDEC’s chief operating officer Ng Wan Peng told Xinhua in a recent interview.
She hoped a new partnership can be formed by year-end.
“We are open to working with any player who finds Malaysia conducive in doing business, and at the same time, we see value from it,” she said, highlighting that DFTZ’s two key objectives are to help Malaysian small and medium enterprises (SMEs) to export, and to make the country as a regional logistic hub in e-commerce trading.
DFTZ, which was introduced on March 22, saw Alibaba Group as its first partner. It is also the first hub of the Electronic World Trade Plaform outside China, which is proposed by Alibaba founder and executive chariman Jack Ma to promote cross-border trade.
Under Malaysia’s national e-commerce strategic roadmap, the DFTZ aims at doubling Malaysia’s e-commerce growth to 20.8 percent from 10.8 percent now.
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