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    Alibaba-backed Malaysian FTZ makes US$13.5 million in sales this year

    来源:    编辑:编辑部    发布:2018/04/18 10:27:34

    SMALL and medium sized enterprises (SMEs) participating in the Digital Free Trade Zone (DFTZ), an e-commerce project backed by the Malaysian government and China's Alibaba, generated total sales of MYR52.1 million (US$13.5 million) since its launch in November.

    The number of SMEs in the DFTZ SME onboarding programme has risen from 1,972 to 2,651, said International Trade Minister Mustapa Mohamed, adding that his target was 10,000, reported Xinhua.

    Mr Mustapa made the comments after a visit to the Kuala Lumpur International Airport air cargo terminal, where part of the DFTZ is located. Malaysian Prime Minister Najib Razak and Alibaba executive chairman Jack Ma jointly launched the project in November.

    The Malaysian government plans to expand the DFTZ beyond the airport to include all modes of connectivity, including sea, land and rail, with port Klang as well as Penang and Senai international airports identified as a priority for expansion.

    According to Malaysia Airports Holdings, the work progress is on track for site handover in August to a joint venture with Alibaba's logistics affiliate Cainiao.