Establishing cloud-like ties
Alibaba signs MoU with MDEC, Alibaba Cloud to establish data center in Malaysia.
Alibaba, the Hangzhou Municipal Government, and the Malaysia Digital Economy Corporation (MDEC) signed a Memorandum of Understanding (MoU) last month, which would allow the China-based company to install its first e-hubs in the two countries under the Electronic World Trade Platform (eWTP).
The MoU seeks to enable the building of infrastructure for seamless cross-border e-commerce trade between Malaysia and China. The three parties agree to work together to explore potential strategic collaborations, a plan that is consistent with Alibaba’s vision of eWTP.
“Alibaba Cloud is helping to realize the eWTP vision by establishing cloud infrastructure to facilitate seamless cross-border online businesses for Malaysian enterprises. We look forward to laying the digital foundation for Malaysia in the new global economy, equipping the country with future-proof online marketplaces, as well as payment, logistics, cloud computing and big data services that work seamlessly in the ecosystem. By doing so, we can support businesses of all sizes to realize their full economic potential and access the global market for their goods and services,” Simon Hu, Senior Vice President of Alibaba Group and President of Alibaba Cloud said.
Alibaba Cloud, the cloud computing arm of Alibaba Group, will take part in the Malaysia Multimedia Super Corridor initiatives, with a planned data center in Malaysia later this year and certification program for local tech talents, in order to help local SMEs to succeed in the digital age through technology, such as big data and the Internet of Things (IoT).
Prime Minister Dato’ Sri Mohd Najib Tun Abdul Razak (second from left) presenting Jack Ma, Executive Chairman of Alibaba Group (second from right), with MSC Malaysia Status Certificate to Alibaba Group, while being witnessed by Dato’ Yasmin Mahmood, Chief Executive Officer of MDEC (far left) and Daniel Zhang, Chief Executive Officer of Alibaba Group (far right).