Prime Minister Shehbaz Sharif has announced a historic commitment of $ 700 million in digital direct digital investment (DFDI), aimed at unlocking the potential of young people from Pakistan and positioning the country as a leader in the global digital economy.
Speaking during the inauguration of the Digital Investment Digital Investment Digital Investment for two -day Islamabad in Islamabad, the Prime Minister expressed optimism that promised investments accelerate Pakistan’s progress in the fields of information technologies (TI) and artificial intelligence (IA).
“Pakistan will emerge as a head force in the IT sector,” he said, inviting international investors to capitalize on the vast talent basin and digital infrastructure in the country.
The PM said that young people in Pakistan, in the country and abroad, demonstrate exceptional talents and energy in digital innovation. He underlined the government’s commitment to build computer parks, incubation centers and a solid training ecosystem.
A key initiative includes a new partnership with the Chinese giant of Huawei technology to provide annual skills training at 200,000 young Pakistani.
In a wider context of economic performance, the PM stressed that funds reached a historic summit of $ 4.1 billion in March, reflecting a strong commitment abroad and financial confidence in the management of the country.
The Minister of Information Technologies, Shaza Fatima Khawaja, detailed recent progress in the sector, including a 25% increase in computer exports in the first nine months of the current year.
It also revealed continuous efforts to develop a complete national AI policy and stressed the government’s push towards an inclusive economy without species thanks to advanced digital public infrastructures.
Khawaja has also noted significant growth in the mobile manufacturing sector, local production increasing 48% in the past year and more than 31 million aircraft now produced each year.
It credited the digital policies first of the government for rapid digitization between public services and reiterated its vision of a “digital economy, digital governance and a digital society”.