Alibaba Group’s First Overseas eWTP Hub Goes Live in Malaysia

Alibaba Group’s First Overseas eWTP Hub Goes Live in Malaysia

Alibaba Group announced that the first eWTP hub outside of China has gone live in a ceremony held in Malaysia and hosted by Malaysia Prime Minister Dato’ Sri Najib Tun Razak and Alibaba Group Chairman Jack Ma.

The milestone event follows Alibaba’s partnership announcement with the Malaysian Digital Economy Corporation (MDEC) in March this year to work jointly to enable Malaysian small and medium-sized enterprises to benefit from global trade.

The hub offers Malaysian SMEs the infrastructure for doing commerce with service offerings such as e-commerce, logistics, cloud computing, mobile payment and talent training.

“Collaborating with Alibaba to develop the infrastructure freely available to SMEs in the DFTZ, we have fundamentally improved the competitiveness of Malaysian firms on the global stage which will boost exports and bring wide reaching economic benefits to society,” Malaysian Prime Minister Najib Razak said.

Ma said Malaysia’s participation in eWTP underlines the country’s vision to help local small and medium-sized companies to be more competitive in the global marketplace in the Internet age.

“I’m truly amazed by the resolve and commitment of the Malaysian government to remove all the barriers in just under a year to make this day possible,” said Ma at the event. “Today we are witnessing a historic moment in Asia where one country has begun to use technology to enable its SMEs and young people to become more competitive on the world stage.”

“As the eWTP hub in DFTZ commences operation, they will have the opportunity to ‘global buy,’ ‘global sell,’ ‘global pay,’ ‘global delivery’ and ‘global travel.’ This is an opportunity for not just the small businesses and young people in Malaysia but across Asia,” he added.