Date
19 November 2018
Alibaba Group’s Jack Ma gestures during a seminar at the International Monetary Fund - World Bank Annual Meeting in Nusa Dua, Bali, on Oct. 12, Photo: Reuters
Alibaba Group’s Jack Ma gestures during a seminar at the International Monetary Fund - World Bank Annual Meeting in Nusa Dua, Bali, on Oct. 12, Photo: Reuters

Jack Ma in talks for tech training institute in Indonesia

Alibaba Group co-founder Jack Ma said on Saturday that he is discussing with Indonesia’s government the possibility of opening an institute to train tech entrepreneurs in the country, where he is already an adviser to the government on e-commerce.

“We’re giving a lot of opportunities for young Indonesian people to learn,” Ma was quoted as saying after meeting Indonesian ministers on the sidelines of the International Monetary Fund and World Bank meetings in Bali.

Ma said it is important for Indonesia to invest in human capital because “only when people improve, when people’s minds change, when people’s skills improve, then we can enter the digital period”.

Indonesia has a shortage of trained engineers in technology. Alibaba will also train hundreds of developers and engineers on cloud computing to help make Indonesian businesses more digital-savvy, according to the report.

Indonesia is a key market for Alibaba, whose cloud computing arm Alibaba Cloud launched a data center in the country in March, Reuters noted.

Ma said his company will continue to invest “not only on e-commerce, but also cloud computing, logistics and… infrastructure” in Indonesia, while also helping local businesses to grow.

McKinsey estimated in a report released at end-August that Indonesia’s e-commerce market will expand to at least US$55 billion by 2022 from US$8 billion in 2017.

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RC

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