| عربي

MCIT concludes strategic partnership with 'JollyChic' to promote e-commerce

30 Oct 2019
MCIT concludes strategic partnership with 'JollyChic' to promote e-commerce
MCIT concludes strategic partnership with 'JollyChic' to promote e-commerce

Ministry of Communications and Information Technology (MCIT) has signed a memorandum of understanding (MoU) for cooperation and knowledge exchange with the leading e-commerce company ‘JollyChic’ on the sidelines of the third session of the Future Investment Initiative (FII2019), taking place in Riyadh from 29 to 31 October in Riyadh under the auspices of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud –may Allah save him.

JollyChic, as a remarkable e-commerce company and according to the MoU, intends to make new investments in the Kingdom to enhance its efforts in building a comprehensive digital integrated local ecosystem as part of its commitment to strengthen partnerships with local entities, including government agencies.

The MoU was signed by Deputy Minister for Technology and Digital Capacities Development Dr. Ahmed Al-Thenayyan and the founder and CEO of JollyChic Mr. Aaron Li, in the presence of His Excellency Eng. Haitham Al-Ohali, Vice Minister of Communications and Information Technology.

Dr. Al-Thunayan pointed out that this specific MoU came within the ICT Strategy 2023 recently endorsed by the Council of Ministers, aimed at attracting foreign companies in priority fieldds and localizing their services. He stressed that it would have a positive impact in creating job opportunities and localizing global technologies, in addition to qualifying national cadres in promising digital fields such as e-commerce, data center management, call centers, and e-finance solutions.

Al-Thunayan said, "Attracting such international companies will enhance the competitiveness of the market by supporting the expansion of logistics services for e-stores and various digital services that enable the Kingdom to seize the opportunity of its strategic location as the hub connecting the three continents." “The company's operations provide a remarkable example of Chinese businesses in the Kingdom that rely on Saudi manpower and the growing digital infrastructure.

Under the MoU, JollyChic will share innovative technology mechanisms with MCIT, and will make extensive efforts to upgrade local warehouse jobs, increase delivery capacity and expand the national delivery network. The company intends to expand logistics facilitation measures in order to raise the level of warehouse functioning and obtain licenses of Last Mile Delivery (LMD) in coordination with the relevant regulators.

Ministry of ICT MCIT JollyChic e-Commerce digital ICT Strategy Technology Localization Technology

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