business

DTFZ will bring further economic growth

KUALA LUMPUR: Incentives for the logistics sector in the 2018 Budget will definitely bring further growth to Malaysia’s economy.

DHL Express Malaysia & Brunei Managing Director Christopher Ong said they are encouraged by the RM83.5 million

allocated in the budget for the first phase of the Digital Free Trade Zone (DFTZ) that is expected to further boost the growth of local small and medium enterprises (SMEs).

“This serves as a great opportunity for SMEs to expand abroad and tap into regional markets in addition to creating

strategic partnerships with key organisations such as international trade facilitators,” he said in a statement today.

“We believe that Budget 2018 is a good step forward in increasing the opportunities for local businesses and gives way for the logistics

industry to contribute in preparation for the coming Fourth Industrial Revolution,” he said.

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