Pakistan has secured around $700 million in fresh foreign investment commitments aimed at propelling its information technology sector, Prime Minister Shehbaz Sharif announced at the Digital Foreign Direct Investment (DFDI-2025) conference held on Tuesday. The announcement underscores the government’s focus on establishing Pakistan as a key player in the global digital economy.
Speaking at the event, Prime Minister Sharif emphasized the country’s readiness to embrace the digital future. He pointed to the demographic advantage Pakistan holds, with 60 percent of its population comprising young, tech-savvy individuals skilled in emerging technologies like artificial intelligence. These individuals are not only adapting quickly to global digital trends but are also driving economic growth domestically.
Also Read: How to Use Bank Financing to Expand Your Property Portfolio
A highlight of the prime minister’s address was the mention of a joint commitment of $500 million by a Pakistani entrepreneur and a Russian counterpart to invest in the country’s digital economy. This forms a substantial portion of the total investment commitments announced during the conference. He also welcomed investment interest from North America and other global regions, reinforcing Pakistan’s openness to international collaboration.
The prime minister acknowledged the strategic partnership with Chinese tech giant Huawei, which is currently training 200,000 students annually in various technological disciplines. This initiative is contributing to the development of a robust digital workforce, essential for sustaining long-term growth in the sector.
In addition to highlighting investment figures, the prime minister reiterated the government’s pledge to provide full support and facilitation to both foreign and domestic IT investors. These measures are aimed at enhancing investor confidence and ensuring a conducive environment for tech-driven innovation and entrepreneurship.
The role of overseas Pakistanis was also brought into focus, with March alone witnessing $4.1 billion in remittances. This trend not only reflects the trust of the diaspora in Pakistan’s economic direction but also illustrates the potential impact of digital infrastructure in financial inflows.
Deemah AlYahya, Secretary-General of the Digital Cooperation Organization, lauded Pakistan’s digital progress during her remarks at the conference. She cited key indicators such as 142 million broadband users and 65 percent smartphone penetration as evidence of strong digital momentum and an expanding market ripe for innovation and investment.
The DFDI-2025 conference marks a pivotal moment in Pakistan’s digital journey as the government seeks to transform sectors such as agriculture, exports, and services through the integration of advanced technologies and sustained investment.
