malaysia aims to double ecommerce growth by 2020
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Malaysia Aims to Double E-Commerce Growth by 2020

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Arab Today, arab today Malaysia Aims to Double E-Commerce Growth by 2020

Malaysian International Trade and Industry Minister Datuk Seri Mustapa Mohamed
Kuala Lampur - QNA

Malaysia aims to double its e Commerce annual growth to 20.8% by 2020 from 10.8% in 2016, aided by the National e-commerce Strategic Roadmap.

    Malaysian International Trade and Industry Minister Datuk Seri Mustapa Mohamed said under the road map, the e-commerce revenue was expected to contribute RM211 billion to Malaysia's Gross Domestic Product (GDP) by 2020.

    Currently, Malaysia's e Commerce GDP contribution stood at 5.8%, lagging behind other countries like China (21% of GDP) and the United States (35% of GDP), the Minister said.

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