Caretaker Federal Minister for IT and Telecommunication, Dr. Umar Saif Tuesday said that Pakistan will host the Digital Cooperation Organization’s (DCO) first-ever summit on Digital Foreign Direct Investment (FDI) early next year. This announcement was made during a virtual meeting with the Secretary-General of the Digital Cooperation Organization, where strategic initiatives for the expansion of Pakistani IT companies in DCO member states were also discussed.
Dr. Umar Saif talked about Pakistan’s robust relations with all DCO member countries and unveiled an innovative approach to facilitate digital businesses through the introduction of the DCO digital passport.
This passport, he described as a one-stop-shop, aims to streamline the process for Pakistani companies looking to expand into markets, starting with Saudi Arabia.
The minister underscored the pivotal role of DCO in enhancing the investor network for the upcoming Pakistan Startup Fund, a move set to elevate the startup ecosystem in the country.—APP
