Pakistan’s Bold Step: Setting up 5,000 Joint e-Working Centers for Freelancers

Dr. Umar Saif, the current Caretaker Federal Minister for Information Technology and Telecommunications, has unveiled the government’s ambitious initiatives to bolster Pakistan’s freelance and startup ecosystem. The plan involves establishing 5,000 shared e-working centers and attracting international investors for a venture capital endeavor.

In his pursuit of international investment, Dr. Saif disclosed his forthcoming visit to Saudi Arabia, highlighting the government’s dedication to offering interest-free loans for the establishment of these e-working centers. This initiative is poised to usher in a wave of job opportunities within the nation.

Moreover, during a discussion with Caretaker Finance Minister Dr. Shamshad Akhtar, Dr. Saif outlined a comprehensive five-point strategy for the IT sector. This strategy not only aims to retain foreign currency within the IT industry but also endeavors to repatriate overseas IT funds to Pakistan. It seeks to enhance investor confidence, augment foreign currency inflows, and ultimately drive an upsurge in IT exports.