Digital Free Trade Zone Malaysia Location

It will be alibaba group s 1st electronic world trade platform ewtp outside of china.

Digital free trade zone malaysia location. The dftz is a strategic national initiative spearheaded by malaysia digital economy corporation mdec to drive seamless cross border trade through digitalisation and to facilitate access of local smes to vast opportunities in the global markets via e commerce. The straits of malacca has played a key historical role in china s silk trade even today the region still plays a dominant and important role in the maritime silk road and as key gateway and technological hub to the asean region. Malaysia s strategic location business friendly policies versatile and digitally savvy workforce and high living standards will consider malaysia as the ideal base for regional expansion. 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.

Ptp free zone is majorly a container terminal situated in an 810 hectare piece of land located in south west johor between the intersection of the east and west international trade routes near malaysia singapore second crossing. The opportunities to invest in digital economy enablers digital creative content and emerging tech are clearly here to be realised. Being a digital free trade zone is proof that malaysia is unwaveringly committed to ensuring that its smes continue to grow through the ecommerce space. With the launch of the digital free trade zone this means malaysia will now be serving as a regional e fulfilment centre as well as serve as a regional hub for smes and marketplaces.

The dftz is setup to facilitate seamless cross border trade and enable local businesses to export their goods with a priority for ecommerce. The free zone has also allocated at least 500 hectares of land for warehousing distribution and logistics activities as well as light medium and heavy manufacturing industry. Malaysia airports holding 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. Alipay and maybank alipay and cimb for the collaboration in launching alipay barcode payment in malaysia.