Islamabad, President Dr. Arif Alvi met with a delegation of Oxford Alumni, led by Mr. Haseeb Ahmad, discussing the growing business and investment opportunities in Pakistan. He encouraged international businesses to capitalize on Pakistan’s developing market and its improved business climate.
According to Press Information Department (PID), President Alvi emphasized that Pakistan, as an emerging market, offers substantial investment opportunities across various sectors of its economy. He focused particularly on the Information Technology sector, encouraging foreign investors to explore the potential in this rapidly growing area.
The President highlighted Pakistan’s efforts in improving its economy, enhancing exports, and exploring new markets for its products. He pointed out the significant improvement in the country’s ease of doing business ranking in recent years. Additionally, he informed the delegation about the establishment of the Special Investment Facilitation Council, designed to streamline and encourage foreign investment in Pakistan through a one-window facility.
Further emphasizing the incentives for foreign investors, President Alvi mentioned the benefits of investing in Pakistan’s Special Economic Zones (SEZs) and Special Technology Zones (STZs), including tax incentives. He also underscored Pakistan’s investment in its human resources, citing the success of the Prime Minister’s Digital Skills Training Program ‘DigiSkills’, which has imparted 3.5 million trainings in IT since 2018. This initiative aims to equip the country’s youth and women with the latest IT skills, reflecting Pakistan’s focus on increasing the number of skilled graduates, particularly in IT, and expanding online education.
This meeting with the Oxford Alumni delegation highlights Pakistan’s commitment to fostering an investment-friendly environment and its focus on the IT sector as a key area for growth and international collaboration.