On Tuesday, the Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif, expressed the ambition of Pakistani IT companies to extend their business reach across member states of the Digital Cooperation Organization (DCO). The minister conveyed this message during a virtual meeting with DCO Secretary General Deemah AlYahya.
The central focus of the meeting centered on enhancing the expansion opportunities and streamlining the business environment for Pakistani IT firms within the DCO member countries. Dr. Saif underscored the significance of the robust relationships that Pakistan maintains with the DCO member nations.
Furthermore, Dr. Saif announced that Pakistan is preparing to host the inaugural DCO event titled “Digital Foreign Direct Investment” next year. During the meeting, the minister elaborated on the advantages of a digital passport for Pakistani IT companies, emphasizing how it could facilitate the expansion of their operations within DCO member countries.
Assuring support, the DCO Secretary General pledged assistance to Pakistan in garnering investments for the “Pakistan Startup Fund.” This collaborative effort is anticipated to catalyze the growth of the IT sector in Pakistan.
The Digital Cooperation Organization includes member countries such as Pakistan, Saudi Arabia, Bahrain, Jordan, Kuwait, Nigeria, and Oman.