Pakistan becomes first country to implement Digital FDI

ISLAMABAD: In a groundbreaking achievement, Pakistan has become the first country to roll out a Digital Foreign Direct Investment (FDI) initiative, designed to accelerate digital growth and attract foreign investments into its emerging markets.

This initiative has been launched in collaboration with the World Economic Forum and the Digital Cooperation Organization to foster cross-border digital investments.FDI in energy sector reached $585.6m during current FY

As part of the initiative, Pakistan is introducing the Digital FDI-Enabling Project, which will focus on strategic measures to promote digital development.

These measures include enhancing digital infrastructure, engaging with key stakeholders, and addressing critical challenges to create a conducive environment for investment.

To build confidence among foreign investors, Pakistan is also working to align the capabilities of local companies with European Union standards.

Additionally, the government plans to improve public access to data, ensuring greater transparency and ease of doing business.

This holistic strategy aims to position digital investment as a vital driver of the country’s economic growth and development.