Pakistan is set to receive $700 million in new foreign investments aimed at strengthening its information technology sector, as announced by Prime Minister Shehbaz Sharif during the Digital Foreign Direct Investment (DFDI-2025) conference.

Highlighting the country’s young and tech-savvy population, the prime minister emphasized Pakistan’s readiness to embrace digital transformation, particularly in artificial intelligence and emerging technologies. He noted that overseas Pakistanis contributed $4.1 billion in remittances in March, reinforcing the digital sector’s growing significance.

The event also recognized Huawei’s ongoing efforts, with the tech giant currently training 200,000 students annually in advanced technology fields. The prime minister encouraged greater investment from North America and other regions, citing strong interest from a Pakistani entrepreneur and a Russian investor, who have pledged a combined $500 million to Pakistan’s economy.

As part of its broader digital expansion strategy, the government has promised comprehensive support for both local and foreign investors, aiming to integrate technology-driven solutions across agriculture, exports, and industrial sectors.

Speaking at the conference, Deemah AlYahya, Secretary-General of the Digital Cooperation Organization, praised Pakistan’s digital advancements, pointing to 142 million broadband users and 65 percent smartphone penetration as clear indicators of sector growth.

With increasing investor confidence and government-backed initiatives, Pakistan is positioning itself as a key digital economy player in the region.