Karachi: In a milestone achievement, Pakistan has become the first country to implement a Digital Foreign Direct Investment (FDI) initiative, aimed at driving digital growth and attracting foreign investments into its emerging markets.
According to Radio Pakistan, the initiative is jointly launched by the World Economic Forum and the Digital Corporation Organization to expand cross-border digital investments. As part of this initiative, Pakistan is launching its Digital FDI-Enabling Project, which will focus on targeted actions to promote digital development.
These efforts include strengthening digital infrastructure, consulting with stakeholders, and addressing key challenges. To further build trust among foreign investors, Pakistan is also taking steps to enhance the capabilities of local companies in line with European Union regulations.
Moreover, the government plans to provide easier public access to data. With this comprehensive approach, digital investment is set to play a critical and effective role in the country’s progress.