Enterprise
Still early days for DFTZ
Behonce Beh | 05 Jan 2018 00:30
Healthfood products such as birds nest are in high demand from China buyers

The Digital Free Trade Zone (DFTZ) went live with much fanfare in November, promising SMEs an opportunity to capitalise on the internet economy and cross-border trade.

For starters, it is projected the DFTZ will increase SME export to US$38 bil (RM155 bil), create over 60,000 jobs and support US$65 bil worth of goods moving through the hub by 2025.

The DFTZ encompasses a few components, namely an e-Fulfilment hub and e-Services platform.

The hub will serve as a cluster of facilities for customs clearance, warehousing and logistics to facilitate trans-shipment air cargo volumes.