Alibaba Group executive chairman Jack Ma plans to establish a training institute in Indonesia aimed at educating thousands of tech entrepreneurs.
According to Ma, the ‘Jack Ma Entrepreneur Institute’ is expected to cultivate 10,000 tech entrepreneurs from both public and private sectors in the upcoming decade. It will focus on educating developers and engineers in cloud computing, which is the area Indonesia struggles with the most. Alibaba Cloud, the cloud computing department of Alibaba, launched a data centre in Indonesia in March.
“I believe that investing in people is investing for the future,” Ma says. “Cultivating talent is one of the most significant things the Alibaba ecosystem can do. My hope is that emerging markets will benefit from the individuals that are nurtured by this new 10×1000 Tech for Inclusion program and thus be able to embrace a brighter future through the digital economy,” he says.
“Only when people improve, when people’s minds change, when people’s skills improve, only then can we enter the digital period”.
Alibaba has been making substantial investments in personnel training in developing countries since 2015 and has set up multiple training programmes both within China and abroad.
In August this year, Alibaba set up the Africa Netpreneur Prize to encourage young African entrepreneurs to start their own businesses. And in December 2017, Ma proposed his B200 plan in Geneva, detailing his strategy to help empower 1,000 entrepreneurs in developing countries over the next five years.
Ma says Alibaba will continue to invest in various areas of e-commerce, cloud computing, logistics and infrastructure in Indonesia, assisting local enterprises in tech development and in elevating their level of digitalisation.
Ma, who also currently serves as an adviser to the Indonesian government steering committee for e-commerce, announced the plans at the recent International Monetary Fund/World Bank meeting in the country in mid-October.