Prime Minister Shehbaz Sharif said on Thursday that his aim was not to seek loans but joint collaboration and investment which will offer mutual benefits to the United Arab Emirates (UAE) and Pakistan.
Addressing the business community, the premier praised the UAE for its advancement in technology and the nation's success in building advanced infrastructure.
He also expressed pride in seeing talented individuals from both countries working together in various sectors and emphasized the need to replicate these efforts to promote the digitization of the economy in Pakistan.
Shehbaz also commended the UAE for its visionary leadership in diversifying its economy beyond oil and gas and paving the way for a future focused on industrial growth, youth empowerment, and digitalization – positioning the UAE as a hub for import and export.
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The prime minister asserted that since being re-elected, he has prioritized the promotion of technology and AI across diverse sectors such as agriculture, mining, and minerals.
“Today, I am not here to seek loans, but to seek joint collaborations and investments that offer mutual benefits,” Shehbaz added.
Emphasizing the significance of digital transformation, the Shehbaz underscored the necessity for top-tier vocational training and the empowerment of youth with contemporary skills. He advocated for the establishment of businesses, startups, and enterprises in the UAE, particularly given that 60% of Pakistan's population comprises young individuals.
“This round table conference is to discuss what can be achieved and serves as a testimony that the sky is the limit,” the PM said.
The premier acknowledged that while Pakistan's tech sector has a long way to go, the goal is to completely transform the economy through joint ventures, collaboration, and knowledge sharing.
Read the full story at the express tribune website.
