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HANGZHOU: The Chinese technology giant Alibaba Group will not retain its investment plans in Malaysia, according to its representative in Malaysia.
Speaking of the launch of Alibaba week in Malaysia, James Song said the group in Malaysia after the 14th general election.
"We are very positive about bilateral relations, at the same time we are confident about the future of Malaysia.
" We are fully confident in our projects in Malaysia, so it is n & # There is no recoil. We will continue to invest in Malaysia, "he said.
Song was answering the question of whether the group would slow down its investments in Malaysia.
Malaysia-China relations are sparking more and more The government of Pakatan Harapan has decided to examine several megaprojects related to China
The Ministry of Finance on Thursday issued a notice of suspension through the intermediary of MoF Inc. for all contracts related to the China's multi-product pipeline Trans-Sabah pipeline Song said it was with the group's founder and executive chairman, Jack Ma, when the latter visited Malaysia last month
"I think what we have seen and what he has heard show that there is nothing. false between the two countries. There are no negative signs, "he said.
Datuk Ng Wan Peng, director of operations of the Digital Economy Corporation (MDEC), assured that the proposed free trade zone was Digital Exchange (DFTZ) was in progress.
However, she did not give any specific answer when asked if any other Alibaba projects in Malaysia would be examined.
"If you follow Ma's speech, he said that it's good to review the projects.
"If you do not review, then something has to be wrong, so we're going to say that, projects can always be reviewed but they're supposed to be better," she said. declared at the same event.
On Friday, Alibaba launched a weeklong "Malaysia Week" campaign featuring the "must-see". "Nour and Must-Experience" Malaysian Tourism Products and Services on alibaba.com Tmall and Alitrip.
Ng said the week of Malaysia showed the commitment of the Malaysian government and Alibaba.
"Alibaba's investment is real." My visit to Malaysia three weeks ago also showed that her commitment is real, "she said.
Alibaba Group has invested more than 100 million US dollars (RM 400mil) on its various initiatives in Malaysia, following the announcement of the creation of the DFTZ with the government
DFTZ was launched by the 39; former Prime Minister Datuk Seri Najib Tun Razak last year.
Alibaba, which is committed to helping small businesses sell their products to more markets, opened a data center in Malaysia last year.
He also signed an agreement with Kuala Lumpur City Council to use its cloud services to implement the City Brain initiative to reduce congestion in Kuala Lumpur.
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