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Google Makes The Decision To Boost Investments And Back The Government’s Youth Skills Training Initiative

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4 weeks ago

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 Prime Minister Muhammad Shehbaz Sharif was visited in Islamabad by a four-person Google delegation led by Mr. Scott Beaumont, President of the APAC area.

Pakistan’s digital economy is about to undergo a revolutionary change, according to the prime minister, who greeted the team. Speaking on the government’s intentions to reach the goal of US$ 25 billion in exports over the next five years, the prime minister revealed that funding will be used for youth training, IT infrastructure upgrades, and regulatory environment enhancements. Pakistan’s economy is being fully digitalised, he remarked. In his attempts, he stressed the need of working together with a tech behemoth like Google.

The Prime Minister praised Google for pioneering projects that have dramatically enhanced the lives of thousands of Pakistanis in recent years, as well as for its involvement in propelling the country’s digital economy closer to reality. Noting with satisfaction that Google has helped Pakistani young land about a million jobs in 2023 alone, the Prime Minister emphasised that this is a testament to both Google’s dedication to upskilling and empowering Pakistan’s youth and Pakistan’s potential in the digital marketplace.

Informing the Prime Minister of its future involvement intentions, Mr. Scott stated that Google has made the decision to support the government’s youth skill-training initiatives and to expand its investment footprint in Pakistan. He went on to say that for a values-driven digital firm like Google, the growing economy and the sizeable youth population are crucial for optimising the economic benefits of technology. He restated that Pakistan’s IT industry will undergo a revolution when five lac Chromebooks are produced there by 2026.

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Mohsin Naqvi, the interior minister, speaks with the media: “We won’t compromise on the security protocol for foreign dignitaries.”

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While protesting is a constitutional right, foreign dignitaries shouldn’t be present, according to Interior Minister Mohsin Naqvi.

The political party has been advised to rethink its demand for protests the next day, the interior minister told the media. Given that the time of these protests was unsuitable.

Section 144 is enforced in Islamabad, the Interior Minister stated, and he cautioned that no mercy would be shown to anyone who choose to demonstrate.

Security preparations and coordination with other law enforcement agencies, he added, had already been confirmed, and security measures were in place.

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‘Himmat Card’ Introduced By CM Punjab In Lahore: Himmat Card To Assist Individuals With Disabilities: CM Punjab

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Maryam Nawaz, the Chief Minister of Punjab, introduced the ‘Himmat Card’ program, which is intended to assist people with disabilities, at a ceremony in Lahore.

2,60 billion rupees have been allocated to support the program, which will help 65,000 people in Punjab.

Every three months, RS 10,500 will be given to each cardholder, and they will also get free metro travel.

Head of the Project Management Office, Maryam Nawaz, stressed that she will personally oversee the allocation of funds and guarantee transparency.

Under this effort, health facilities will also be made available to particular people.

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Pakistan Looks To China For Investment In Important Sectors: SIFC Encourages New Chinese Projects

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Due to the Special Investment Facilitation Council’s assistance, Chinese businessmen are showing a revived interest in Pakistan. Pakistan has recently sent high-ranking delegations to China to promote investment in industries such as renewable energy, medical equipment, leather, plastics, textiles, and plastics.

At port Qasim in Karachi, the Chinese solar panel manufacturer “Renesola Pakistan” intends to set up an assembly plant capable of producing up to 4 gigawatts of solar energy. An electric bike, scooter, and tricycle assembly plant is planned to be established in Khyber Pakhtunkhwa by the Xiamen Sino-Pak International consulting and investment firm.

Pakistan’s renewable energy sector is of interest to Hexing Electrical, and the Ruyi Shandong Group intends to develop textile parks that meet international standards. Pakistan will also see the establishment of factories by Rainbow Industries Limited and Shaoxing Chemical Industry.

An exploration memorandum on shale and tight gas potential has been inked by the oil and gas development business and CCDI.

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