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Tuesday December 10, 2024

Pak-US Tech Investment Conference: Investment opportunities in NSIT City highlighted

By Our Correspondent
November 15, 2024
Participant speaks at the Pakistan-US Tech Investment conference on November 11, 2024. — Facebook@tdapofficial
Participant speaks at the Pakistan-US Tech Investment conference on November 11, 2024. — Facebook@tdapofficial

LAHORE:At the landmark Pakistan-US Tech Investment conference held at Stanford University in which CEO CBD Punjab Imran Amin joined online to present NSIT City.

He highlighted the vast investment opportunities within Pakistan’s burgeoning IT sector. As Pakistan’s largest planned IT city NSIT City spanned over an impressive 800 acres set to be divided into specialised zones: IT City, Film City, and Education District.

The conference organised by the Pakistani Consulate in Los Angeles in collaboration with the Ministry of IT & Telecom, Ministry of Commerce, Pakistan Software Export Board (PSEB), and Trade Development Authority of Pakistan (TDAP) attracted a diverse audience of American investors, Pakistani American entrepreneurs and tech professionals.

Supported by Pakistan’s Ambassador to the United States Rizwan Saeed Sheikh and Consul General Asim Ali Khan the event underscored Pakistan’s potential for innovation and development in the global IT landscape.

CEO Imran Amin emphasised NSIT City was designed as a hub for tech innovation, tailored to attract global investment with its state-of-the-art facilities and streamlined policies. The conference culminated with an initial commitment exceeding $20 million from American companies, many led by Pakistani American entrepreneurs. This commitment marks a significant milestone for Pakistan's IT sector, strengthening ties between US investors and Pakistan’s technology infrastructure. CBD NSIT City is poised to become central players in Pakistan’s technological growth, bridging international investment with Pakistan’s dynamic IT ambitions and setting a strong foundation for future US-Pakistan collaboration in technology and innovation.