Fusionex Founder Takes Leadership Role In Digital Free Trade Zone (DFTZ) Platform

Fusionex International offers its participation in a strategic partnership with Alibaba Cloud to establish the DFTZ e-Services Platform, a landmark, revolutionary, first-of-its-kind eWTP (electronic World Trade Platform) in the world.

Selangor , Malaysia - January 7, 2019 /MarketersMedia/ —

Fusionex International is pleased to announce the formation of a partnership with Alibaba Cloud. The link will be instrumental in creating the DFTZ e-services platform. The revolutionary electronic world trade platform is the first of its kind in the world. The Fusionex founder and CEO, Dato' Seri Ivan Teh created the first-of-a-kind digital hub which brought together a variety of key parties, some of which include trade facilitation players, e-marketplace players, SMEs, freight forwarders, logistics providers and government agencies.

DFTZ was the brainchild of the Malaysian government, including the Ministries of Finance, Transport, and International Trade and Industry, as well as Malaysia Digital Economy Corporation, Royal Malaysia Customs Department, Malaysia Airport Holdings Berhad, POS Malaysia and the Malaysia External Trade Development Corporation. The platform is powered by Big Data technologies and Machine Learning. DFTZ capitalizes on the convergence and exponential growth of the internet economy and cross-border e-commerce activities, by facilitating cross-border trade and enabling businesses to import and export goods with a priority for e-commerce.

Dato’ Sri Najib Tun Razak, Malaysian Prime Minister declared, “We want Malaysia to be the leader in the region for global trade. We want this to be the regional hub. Digital Malaysia is the fastest growing sector in our economy. It is a sector that will enjoy double-digit growth. The DFTZ is the part that will provide the growth, the potential, the impetus, the catalyst for us to change, redefine regional and global trade, redefine the role of SMEs, and redefine the partnership of Malaysia and China."

The platform will facilitate trade, as well as allowing transactions to occur more quickly, cost-effectively, reliably and efficiently. The trade facilitation platform is integrated with other business service platforms and government service platforms, to facilitate paperless, end-to-end and accurate data capture, data storage, data exchange and data analytics process, in respect of the high growth in internet trade activities.

Contact Info:
Name: KM Chen
Organization: Fusionex International
Address: Level 12, Tower A, Plaza 33, 1 Jalan Kemajuan, Sec 13, 46200 Petaling Jaya, Selangor MY
Website: https://www.businesswire.com/news/home/20171107005846/en/Fusionex-Powers-Digital-Free-Trade-Zone-DFTZ

Source URL: https://marketersmedia.com/fusionex-founder-takes-leadership-role-in-digital-free-trade-zone-dftz-platform/466434

Source: MarketersMedia

Release ID: 466434