Thailand reaches out to Jack Ma

Thailand has beefed up its cooperation with Alibaba co-founder and chairman Jack Ma to help promote the country’s tourism online in the hope of luring more Chinese to take trips to Thailand, while joining hands with the Chinese e-commerce giant for trade development reports phnompenhpost.com.

Following discussions with the Chinese billionaire in Shanghai on Tuesday, Thai Deputy Prime Minister Somkid Jatusripitak said the Alibaba chief had acceded to the Thai request to help promote tourism through its online commerce empire, which can access a large number of Chinese.

Alibaba also confirmed it would invest more in the Eastern Economic Corridor (EEC), as it wants to build up a logistics hub for products in Thailand and the region, apart from its planned human resources development and training centre. The Chinese e-commerce giant is seeking a plot of land in the EEC.

After Ma spoke of Alibaba’s need for Thai fruits ranging from mangosteen, mango and others, aside from durian, Thai Minister of Commerce Sontirat Sontijirawong said he had asked the Chinese e-commerce giant to inform about the types of products, specifications and the quantities needed in detail so that an annual plan could be drafted to direct effective production and sourcing through contract farming.

High-potential products
Alibaba has been sourcing high-potential Thai products and helping Thai operators export to China. These include fruits and processed fruits and fruit juice.

In mid-2017, Alibaba Group decided to make an 11 billion baht ($334.45 million) investment, including a digital platform, distribution centre and transportation joining hands with Thailand Post, IT investment, automation and robot systems for small and medium enterprises and joint digital human resources development and business promotion through e-commerce, in the EEC’s smart digital hub.

 


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