The Embassy of Pakistan in Washington DC, in partnership with prominent IT companies i – e SiFive, NETSOL and Organization of Pakistani Entrepreneurs (OPEN) located in the Silicon Valley organized tech summit “Invest in Pakistan” in Sheraton Hotel, San Jose, California.
Pakistan’s Ambassador in US Dr. Asad M Khan thanked the participants and officials in his welcome address who came from Pakistan and across the United States, to attend this summit.
He briefed the participants about the investment scenario in Pakistan. He appreciated the efforts of government taken to improve and ease of doing business as acknowledged by the World Bank’s Doing Business report listing Pakistan among top 20 reformers in ease of doing business.
He informed about the recent approval by the federal cabinet regarding first ever E-Commerce Policy Framework which will give further boost to investment opportunities in IT & Tech sector, including for women entrepreneurs.
California State Treasurer, Fiona Ma, welcomed the initiative of promoting opportunities for entrepreneurs in both countries in her remarks.
Six plenary sessions held in summit for focused discussions on specific areas of interests, including Microelectronics, Software Development, Gaming, Artificial Intelligence, Venture Capitalism and Medical Innovation.
The summit was attended by more than 250 participants including 13 Pakistani leading Startups named HospitAll, OTOZ Mobility, GharPar Technologies, Airlift, Mauqa, Cheetay, Byonyks, Bykea, Dawaai, Foree, Khareed, Sehat Kahani, & Eat Mubarak. US venture capitalists, and IT companies were also part of the summit.
The participants expressed keen interest in investment opportunities in Pakistan’s IT & Tech sector.
The tech summit presented the future of Pakistan in the field of human resource and technology. It promoted better awareness about recent improvements in Pakistan’s investment climate and put Pakistan back on the investment map in Silicon Valley.