LAHORE:

Prime Minister Shahbaz Sharif said on Saturday that Pakistan is the first country to implement the Digital Foreign Direct Investment (FDI) initiative launched by the World Economic Forum (WEF) and the Digital Cooperation Organization (DCO).

According to a spokesperson, the prime minister said that Pakistan’s first digital foreign direct investment had made significant efforts to identify targets and promote digital progress. He elaborated that Pakistan’s Digital FDI project was a framework aimed at implementing digital infrastructure, digitization and export of digital services. It would focus on sectors likely to attract foreign investment to the country, he added.

“It is an important milestone towards creating an investment-friendly environment in the country,” the Prime Minister said.