Two-day Pakistan Tech Summit begins with over 200 tech-sector experts, leaders from the country
ISTANBUL: Rising investments in Pakistan’s technology sector shows that the country has skilled entrepreneurs, a top official has said.
“Pakistani start-ups raised around $300 million, so far, this year,” said Science and Technology Minister Shibli Faraz, addressing via video link the Pakistan Tech Summit held on Monday in Istanbul.
Over 200 entrepreneurs, technology experts and sector leaders are participating in the two-day event at the Istanbul Sabahattin Zaim University in the Turkish metropolis.
Faraz said the government is working to provide an environment for “start-ups to grow and compete.”
“Start-ups do not exist in a vacuum and our efforts need to cover all the aspects if we want to realise our development journey,” he said.
Underlining the “immense opportunity” that Pakistan presents for growth in the technology sector, he said the country has worked to make doing business easier in a bid to “invite investments in the sector.”
He also noted that the way to growth for the sector would be to “forge collaborations,” with summit to “showcase Pakistani talent and to nurture the tech ecosystem.”
Collaborations ‘a must’ for Pakistan and Turkey
Also speaking at the event, the senior provincial science official from the northern Khyber Pakhtunkhwa province, said: “Technology is the present … maybe we are lagging behind. It is not the future.”
On his fifth trip to Turkey in...
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