Digital Free Trade Zone Klia
Klia aeropolis dftz park is a 70 30 joint venture between cainiao hk logistics arm of alibaba group malaysia airports with the aim to develop a regional e commerce and logistics hub within a 60 acres land.
Digital free trade zone klia. Kuala lumpur july 31 the klia aeropolis digital free trade zone dftz development is expected to be completed by june 2020. Klia aeropolis dftz park. Malaysia airports holdings berhad and cainiao network for the development of a regional ecommerce and logistics hub in klia aeropolis as part of the digital free trade zone initiative.
Strategically located near malaysia s high traffic kuala lumpur international airport klia. The digital free trade zone dftz is an initiative to capitalize on the confluence and exponential growth of the internet economy and cross border ecommerce activities. The dftz is setup to facilitate seamless cross border trade and enable local businesses to export their goods with a priority for ecommerce.
Alipay and maybank alipay and cimb for the collaboration in launching alipay barcode payment in malaysia. Malaysia and the world s largest online retailer alibaba yesterday launched operations at the digital free trade zone dftz a regional logistics hub aimed at small and medium sized businesses. Digital free trade zone launched in november 2017 in partnership with jack ma executive chairman of the alibaba group t he digital free trade zone dftz is an initiative by the malaysian government focused on developing an ecosystem and catalyst to the booming internet economy and e commerce activities in malaysia.
The digital free trade zone in malaysia is envisioned to help small and medium enterprises. Introduction to digital free trade zone dftz national lead agency in driving the digital economy. The digital free trade zone was created with the idea of helping malaysian businesses benefit even more from globalisation despite the challenges that the digital economy brings with it.
Cainiao klia aeropolis sdn bhd chief executive officer johnson chen said the project which is currently 50 per cent completed is expected to be operational by. Cainiao klia aeropolis sdn bhd ceo johnson chen said the project which is. The klia aeropolis digital free trade zone dftz development is expected to be completed by june 2020.
Klia asean e commerce hub.