Islamabad Special Technology Zone to Attract $100 Million Investment in 5 Years propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
Virtual Start-up Summit held with US-based Entrepreneurs
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ISLAMABAD, Pakistan: The Ministry of Foreign Affairs and the Embassy of Pakistan in Washington convened a Virtual Start-up Summit entitled “Science & Technology as a Catalyst for Entrepreneurship”.
The Summit was held in collaboration with the Ministry of Information Technology and Telecommunication (MOITT), Securities and Exchange Commission of Pakistan (SECP), State Bank of Pakistan (SBP), the Higher Education Commission (HEC), National Science & Technology Park (NSTP) and Special Technology Zones Authority (STZA).
The Virtual Start-up Summit brought together 120 start-up industry stakeholders from the Pakistani diaspora in the US and in Pakistan.
In his keynote address, the Foreign Minister Shah Mahmood Qureshi highlighted the role of the Foreign Office as a facilitator in bringing together diverse innovation-related stakeholders.
More democracy, not less
March 9, 2021
The vultures are out again. The hubris that helped make Pervez Elahi chief minister of Punjab, the desperation that helped make Chaudhry Shujaat Hussain the actual prime minister of Pakistan, and the machinations that helped make Sadiq Sanjrani the chairman of the Senate “for the very first time”, is flexing again.
We now have another tsunami of lamentations about the illnesses that plague Pakistani democracy. To understand the irony, one may imagine a tumour wagging its finger at cancer cells for having the audacity to multiply without its permission. Hello? Oof, cancel culture is such a beauty.
More democracy, not less thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
10 VC Funds Ready to Invest in Pakistan’s Digital Landscape
In order to boost digital transformation in Pakistan and to facilitate investors and protect their capital with tax incentives for ten years, the government has amended foreign exchange regulations for special technology zones.
These changed regulations aim to boost investment and promote digital transformation, and a billion-dollar fund was in the works for the same purpose, reported Arab News quoting Special Technology Zones Authority Chairman, Amer Hashmi, at the event “Connecting Pakistan: COVID-19 Lessons for Digital Policy” – organized by the policy think tank, Tabadlabb, in Islamabad.
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He said, “We have gotten ten venture capital funds now finally ready to come to Pakistan,” adding that “The state may think about going fifty-fifty with them, and create the first billion-dollar fund.”