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Prime Minister Shehbaz Sharif has welcomed Pakistan’s inclusion in the World Economic Forum (WEF) and the Digital Cooperation Organization’s joint Digital Foreign Direct Investment (FDI) Initiative.
The Prime Minister highlighted that Pakistan is the first country to adopt this initiative under the WEF. The country’s first Digital FDI project aims to accelerate digital growth by focusing on a Framework for Digital Infrastructure, Digitization Adoption, New Digital Activities, and the Export of Digital Services.
These efforts are expected to attract Foreign Direct Investment and bolster the country’s digital economy. He described the initiative as a key milestone in fostering an investor-friendly environment, moving Pakistan towards an inclusive digital economy, and supporting sustainable development and prosperity.
The Prime Minister emphasized that the initiative reflects the government’s commitment to promoting economic development.
The Digital Cooperation Organization (DCO) is a global organization aimed at promoting collaboration in the digital economy among its member states, fostering innovation, and driving sustainable economic growth through digital transformation.
The World Economic Forum (WEF) is an international organization dedicated to fostering public-private cooperation to address global economic, social, and environmental challenges. It is best known for its annual meeting in Davos, Switzerland, which brings together political leaders, business executives, academics, and other prominent figures to discuss pressing global issues and opportunities.
