Digital Free Trade Zone (DFTZ) will go on to boost the e-commerce sector in Southeast Asia. The hub is to be launched by 2019 with centralized customs, warehousing and fulfillment functions.
Increasing E-Commerce Growth in Malaysia: The launch of Digital Free Trade Zone in Malaysia will provide a boost to Malaysia's National eCommerce Strategic Roadmap (2016), which aims to double the nation's e-commerce growth and increase the GDP contribution to MYR 211 billion (approximately USD 47.7 billion) by year 2020. It will facilitate seamless cross-border trade and enable local businesses to export their goods with a priority for eCommerce. DFTZ will provide physical and virtual zones to facilitate SMEs to capitalise on the convergence of exponential growth of the internet economy and cross-border eCommerce activities.
https://finance.yahoo.com/news/malaysia-logistics-warehousing-market-expected-141000194.html
Increasing E-Commerce Growth in Malaysia: The launch of Digital Free Trade Zone in Malaysia will provide a boost to Malaysia's National eCommerce Strategic Roadmap (2016), which aims to double the nation's e-commerce growth and increase the GDP contribution to MYR 211 billion (approximately USD 47.7 billion) by year 2020. It will facilitate seamless cross-border trade and enable local businesses to export their goods with a priority for eCommerce. DFTZ will provide physical and virtual zones to facilitate SMEs to capitalise on the convergence of exponential growth of the internet economy and cross-border eCommerce activities.
https://finance.yahoo.com/news/malaysia-logistics-warehousing-market-expected-141000194.html
