Is this Pakistan's Silicon Valley moment
Is this Pakistan's Silicon Valley moment
Quick summary:
1. The government needs to ensure continuity in its resolution to plug the gaps that exist in our IT sector landscape, and in its commitment to establish an enabling ecosystem for the startup culture to take root and flourish.
2. Pakistan is a densely populated country with a consumption-led economy and the right intrinsic drivers to attract startups.
3. For this purpose, Pakistan needs to follow a three-pronged approach that focuses on designing enabling policies, making project funding accessible and investing in human resource development.
4. In Pakistan, unfortunately, local funding organisations and individuals are more inclined towards funding well-established and traditional businesses over startups
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