ISLAMABAD: Minister of Information and Broadcasting Attaullah Tarar has affirmed the government’s steadfast commitment to enhancing technology and fostering public-private partnerships.
During a summit in Islamabad , he announced the establishment of the Special Investment Facilitation Council, aimed at attracting foreign investment to the country.
Tarar emphasized the council’s significance for national interests, highlighting the government’s provision of comprehensive facilities for investors. He underscored Pakistan’s abundant natural resources, noting that its greatest asset lies in its human capital.
He stressed the imperative of harnessing and promoting this valuable human resource on the global stage. Tarar also advocated for public-private partnerships to stimulate investment, citing the Federal Cabinet’s approval of the Public-Private Partnership Policy Framework under Prime Minister Shehbaz Sharif’s leadership.
He cited international financial institutions and journals’ positive outlook on Pakistan’s economy, predicting substantial growth and development.
Tarar noted Pakistan’s annual production of approximately fifty thousand engineering and IT graduates, emphasizing their global competitiveness. He highlighted the semiconductor industry’s current value of 550 billion dollars, pointing out Pakistan’s potential to contribute its human capital to this sector.
Encouraging participant companies to submit concrete proposals for chip design and semiconductor manufacturing, he urged them to seize this opportunity.
(Islamabad51_Newsdesk)
