Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial


Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial


HOME > Company

Alibaba to build digital hub in Thailand

April 20, 2018


BANGKOK, Apr.20 (Xinhua) -- China's e-commerce giant Alibaba will establish a Smart Digital Hub in Thailand's Eastern Economic Corridor (EEC), Alibaba Group said here on Thursday.

Thai Prime Minister Prayuth Chan-ocha met with founder of the online shopping giant Jack Ma before an agreement was signed to help set up the hub to facilitate trade among Thailand, China, Laos, Myanmar, Cambodia and Vietnam.

The Internet retail giant is reportedly proposing investments worth about 11 billion baht (about 330 million U.S. dollars) in the digital hub.

The digital hub will utilize world-class data and logistics technologies of Alibaba and Cainiao, the official global parcel tracking platform of Alibaba Group to optimize the cross-border flow of goods between Thailand and other Asian countries.

Alibaba said Cainiao will also work closely with the EEC office and Thai Customs to promote the digitization of customs processes through big data and artificial intelligence as well as sharing of global best practices.

"We are extremely interested in training and developing people here. We aim to provide full-time training for young people and small businesses online," said Ma, who also signed three other memorandums of understanding with the Thai government on trade, investment and tourism.

Ma said Alibaba not only comes to help Thailand sell its agriculture products, but also hopes to explore opportunities for the young generation and the small- and medium-sized enterprises.

The 45-billion-U.S. dollar EEC project, covering Thailand's three eastern provinces near the Gulf of Thailand, is aimed at attracting high-tech investment as part of the government's efforts to boost growth.

Groundbreaking for the digital hub will be held this year, with operations expected to commence in 2019.

Most Read

Related Coverage


Think Tank

  • China has learned a lot from trade dispute: expert

    May 25, 2018

    The trade dispute between China and the US has enabled China to rethink the ...

  • German automakers likely to be biggest winner amid C...

    May 23, 2018

    German automakers is more likely to be the primary beneficiaries as China re...

  • Research and Evaluation Report on China's Business E...

    May 22, 2018

    Chinese Academy of Fiscal Sciences issued a massive research report on the "...

  • Surging demand from Chinese mainland swells Hong Kon...

    May 22, 2018

    Demand for the HPV vaccine that prevents the onset of cervical cancer contin...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.


    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial