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Pakistani PM pledges to build thriving digital investment ecosystem

0 Comment(s)Print E-mail Xinhua, January 19, 2025
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ISLAMABAD, Jan. 19 (Xinhua) -- Pakistani Prime Minister Shehbaz Sharif has pledged to foster a robust digital investment ecosystem, aligning with a global initiative aimed at driving digital foreign direct investment (FDI) into the country.

The prime minister issued a statement on Saturday and highlighted Pakistan's strides in digital transformation, which he said are expanding revenues, increasing workforce and boosting exports.

"We reaffirm our unwavering commitment to cultivating a thriving digital investment ecosystem, paving the way for digital prosperity for all," he said.

The World Economic Forum and the Digital Cooperation Organization launched the Digital Foreign Direct Investment Initiative in 2022 in Davos, Switzerland, to enhance cross-border digital investment, particularly in emerging markets.

"Pakistan's Digital FDI-Enabling project is pioneering efforts to foster digital growth through targeted actions", said a report by the forum on Friday, adding that the project is structured around four pillars, including digital infrastructure, digital adoption, new digital activities and digital services exports.

The forum outlined targeted actions taken by Pakistan in critical areas for growth, carefully tailored to Pakistan's socioeconomic conditions, regulatory framework and evolving digital landscape. Enditem

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