PRIME MINISTER Najib Razak Jack Ma brought to life Malaysia’s Digital Free Trade Zone (DFTZ) today.

The world’s first DFTZ is a key component in driving Malaysia’s digital economy, helping small and medium enterprises (SMEs) capitalise on the convergence of exponential growth of the Internet economy and cross-border trade.

“SMEs have the power to transform the economy. They are ambitious, nimble and have the potential to create high value employment.  

“They have the power to move Malaysia to become a high-income nation,” said Najib after the groundbreaking ceremony at KLIA Aeropolis DFTZ Park.

The DFTZ Park will optimise border clearance and handling to three hours from six hours, at present, with improved cargo terminal operations from four hours to 90 minutes.           
  
The launch of DFTZ Park is Alibaba’s first regional eFulfillment hub outside China.  

It is expected to double the growth of Malaysia’s air cargo volume from the current level of about 700,000 tonnes a year to 1.3 million tonnes a year within 10 years. 
  
Ma said the collaboration was the beginning of a long-standing strategic partnership between the two nations

The eFulfillment hub  is equipped with latest technology, including sorting, shelving and pick-pack facilities, lighting industrial units that allow minor repairs and assembly prior to shipping goods, customs inspection and quarantine area and category specific facilities such as secure ware, temperature controlled storage and other facilities. – Bernama, November 3, 2017.