Prime Minister Shehbaz Sharif said adopting digital infrastructure, embracing digitalization and promoting new digital businesses and digital service exports can create a framework to attract foreign direct investment (FDI).
He described this as an important step towards establishing an investor-friendly environment in the country.
In a statement issued by the Prime Minister’s Office, Shehbaz Sharif welcomed Pakistan’s inclusion in the joint initiative of the World Economic Forum (WEF) and the Digital Cooperation Organization (DCO) on Foreign Direct Investment (FDI). ) digital.
“Pakistan is the first country to adopt the Digital FDI Initiative under the GEF,” he noted.
The initiative’s first digital FDI project aims to identify key targets and advance digital growth, the Prime Minister said, adding that it includes a framework focused on digital infrastructure, digitalization and export of digital services. These efforts, he stressed, can encourage foreign direct investment.
“Pakistan is moving towards a global digital economy, which is a step towards sustainable development and prosperity. This initiative reflects the Government of Pakistan’s commitment to fostering economic growth,” Shehbaz remarked.
The initiative will also help develop an investor-friendly environment in Pakistan, he added, highlighting its importance in achieving long-term economic goals.
