(MENAFN) Alibaba and Malaysia proclaimed that they will launch a logistics and e-commerce hub in the Southeast Asian nation to enhance small and medium-sized firms.
Moreover, the hub will be located near Kuala Lumpur International Airport as part of a digital free trade zone, launched by Alibaba's founder in the capital.
In addition, the facility will act as a warehouse and centralized customs clearance for Malaysia and the region.
Accordingly, 90 percent of small business could produce at least 80 percent of the GDP if the country has more small businesses, this means more jobs.
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