Global Entrepreneurship Network and Ministry of IT and Telecom Explore Strategic Collaborations to Boost Pakistan’s Entrepreneurial Ecosystem – Fintech News Pakistan

Islamabad, 22 May 2024 – Safeer ul Hak, Coordinator for Strategic Alliances and Partnerships of the Global Entrepreneurship Network (GEN), held a productive meeting with the Honorable Minister of IT and Telecom, Shaza Fatima Khwaja, at her office in Islamabad, to explore potential synergies and collaborations between GEN and the Ministry.

“The meeting was a significant step forward in our efforts to promote entrepreneurship and innovation in Pakistan’s IT and Telecom sector,” said Safeer ul Hak. “We are excited about the potential for collaboration and look forward to working closely with the Ministry to drive economic growth and prosperity.”

The comprehensive discussions encompassed a range of topics pivotal to promoting entrepreneurship, innovation, and economic growth in Pakistan’s IT and Telecom sector, including:

  1. An introduction to GEN’s global initiatives and its role in catalyzing entrepreneurship worldwide
  2. An invitation to the esteemed Global Entrepreneurship Congress (GEC) in Porto Rico, a premier international forum for entrepreneurs and innovators
  3. Plans for Global Entrepreneurship Week (GEW) in Pakistan, aimed at inspiring and empowering entrepreneurs nationwide
  4. The potential signing of a Memorandum of Understanding (MOU) between GEN and the Ministry of IT (MoIT) to formalize future collaborations
  5. Strategies for developing and promoting laptop manufacturing and assembly lines in Pakistan
  6. Incentives and tax cuts for refurbished consumer electronics to boost the local IT hardware industry
  7. The organization of an Expo under the auspices of the IT Ministry to showcase Pakistan’s IT hardware capabilities.
  8. The introduction of an interest-free installment program for laptops to increase accessibility and affordability.
  9. The development of a National eSports Program to promote Pakistan’s gaming talent globally.
  10. A roundtable discussion with IT hardware stakeholders to address industry challenges and identify opportunities for growth.

About the Global Entrepreneurship Network (GEN):
GEN is a global platform that connects entrepreneurs, innovators, and policymakers to promote entrepreneurship and economic growth worldwide. With a presence in over 170 countries, GEN provides a range of programs and resources to support entrepreneurs and innovators, including the Global Entrepreneurship Congress and Global Entrepreneurship Week.

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