- Prime Minister Shehbaz highlighted the progress in digital transformation, which is increasing revenues, increasing workforce and increasing exports.
- WEF and DCO welcome Pakistan’s participation in the joint Digital FDI initiative.
Islamabad: Prime Minister Shahbaz Sharif has pledged to promote a strong digital investment ecosystem in line with the global initiative to drive digital foreign direct investment (FDI) in the country.
In a statement issued here, the Prime Minister highlighted Pakistan’s progress in digital transformation, which he said would increase revenue, manpower. increasing and increasing exports.
“We reiterate our unwavering commitment to foster a thriving digital investment ecosystem, paving the way for digital prosperity for all,” he said.
The World Economic Forum (WEF) and the Digital Cooperation Organization (DCO) launched the Digital Foreign Direct Investment Initiative in 2022 in Davos, Switzerland, to boost cross-border digital investment, particularly in emerging markets.
“Pakistan’s Digital FDI Enablement Plan makes significant efforts to promote digital growth through targeted actions,” a forum report said on Friday, adding that the project is based on four pillars. are built around, including digital infrastructure, digital adoption, new digital activities and digital Exports of services
Meanwhile, Prime Minister Shehbaz Sharif welcomed Pakistan’s participation in the joint digital foreign direct investment initiative of the World Economic Forum and the Digital Cooperation Organization.
In a post on his X handle, he said that Pakistan is touching new heights for digital transformation, reaffirming its unwavering commitment to foster a digital investment ecosystem for prosperity.
Pakistan was the first country to voluntarily implement the initiative, launching a plan to enable digital FDI in 2022.
