Pakistan to Host DCO’s Digital Investment Summit 2024

In a Significant Development Pakistan is set to Host the Digital Cooperation Organization’s (DCO) inaugural Summit on Digital Foreign Direct Investment (FDI) early next year. Caretaker Federal Minister for IT and Telecommunication Dr. Umar Saif made this announcement during a Virtual meeting with the Secretary-General of the Digital Cooperation Organization. The meeting also Focused on Strategic initiatives to Expand Pakistani IT Companies in DCO Member States.

Dr.Umar Saif Highlighted Pakistan’s Strong Relations with all DCO Member Countries and introduced an innovative approach to Facilitate Digital Businesses  the DCO Digital Passport. Described as a one-stop-shop this Passport aims to simplify the Process for Pakistani Companies seeking expansion into markets Starting with Saudi Arabia.

The minister emphasized the Crucial Role of DCO in enhancing the investor Network for the upcoming Pakistan Startup Fund. This initiative is Expected to Elevate the Startup Ecosystem in the Country. DCO member states include Pakistan, Saudi Arabia, Bahrain, Kuwait, Nigeria, Oman, and Jordan.

Simultaneously, Dr. Umar Saif chaired a Pivotal meeting to Finalize a Strategic Plan with the Higher Education Commission (HEC). The Plan is Designed to Enhance the Quality of Computer Science Students in Universities and ensure their Seamless Placement in the IT industry.


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As part of this initiative HEC, in Collaboration with PASHA, PSEB and the National Computing Education Accreditation Council will Conduct a Standardized test to assess and ensure the Quality of IT Students in their final Semester. The Plan also incorporates an industry co-opt Program offering Students 6-9 credit units for hands-on experience in the IT industry before Graduation.


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PASHA’s Collaboration with the industry will Play a Vital role in ensuring the Placement of Qualified Students in IT Companies aligning job Ppportunities with industry needs. These Strategic Moves Underline Pakistan’s Commitment to Fostering Digital innovation investment and the Development of a skilled Workforce.