Digital FDI Initiative Pakistan 2025

Endnotes 1. World Economic Forum. (2020, September). Digital FDI policies, regulations and measures to attract FDI in the digital economy. https://www.weforum.org/publications/digital-fdi-policies-regulations-and-measures-to-attract-fdi-in-the- digital-economy/ 2. Pakistan Telecommunication Authority (PTA). (2024, December). PTA Annual Report 2024. https://www.pta.gov.pk/ category/annual-reports-1432096911-2023-05-30 3. Ibid. 4. Ibid. 5. Ibid. 6. Economist Impact. (2022). The inclusive internet index, 2022: Pakistan. https://impact.economist.com/projects/inclusive- internet-index/2022/country/Pakistan 7. Pakistan Telecommunication Authority (PTA). (2024, December). PTA Annual Report 2024. https://www.pta.gov.pk/ category/annual-reports-1432096911-2023-05-30 8. Ibid. 9. Ibid. 10. Amin, A., Haider, H., Khizar, A., & Nadeem, U. (2021, October 2). Energising the tech investment ecosystem in Pakistan. Tabadlab. https://tabadlab.com/energising-the-tech-investment-ecosystem-in-pakistan/ 11. Government of the Punjab, Punjab Information Technology Board. (n.d.). Punjab digital policy (draft version) 2021–2025. Retrieved October 31, 2024, from https://policy.pitb.gov.pk/system/files/PunjabDigitalPolicy2021-25_DraftVersion.pdf 12. Government of Khyber Pakhtunkhwa Information Technology Board (KPITB). (n.d.). Khyber Pakhtunkhwa digital policy 2018–2023. Retrieved October 31, 2024, from https://kpitb.gov.pk/sites/default/files/Khyber%20Pakhtunkhwa%20 Digital%20Policy%202018-2023.pdf 13. Ministry of IT and Telecommunication (MoITT). (2023). Draft of the Personal Data Protection Bill, 2023. https://moitt.gov. pk/SiteImage/Misc/files/Final%20Draft%20Personal%20Data%20Protection%20Bill%20May%202023.pdf 14. Prime Minister’s Office Board of Investment. (n.d.). Board of Investment launches Pakistan Regulatory Modernization Initiative Strategy (PRMI), Special Economic Zone Management System (SEZMIS) and Investor Relationship Management System (IRMS) on Monday, 14th June, 2021 [Press release]. https://invest.gov.pk/sites/default/files/2021-06/PR_ BOI_14062021.pdf 15. National Assembly of Pakistan. (2022, December 13). Foreign Investment (Promotion and Protection) Act. https://na.gov. pk/uploads/documents/6398970de0582_514.pdf 16. Board of Investment. (n.d.). Ease of doing business. Retrieved October 31, 2024, from https://invest.gov.pk/eodb 17. Ministry of IT and Telecommunication (MoITT). (n.d.). Digital Pakistan policy 2018. Retrieved October 31, 2024, from https://www.moib.gov.pk/Downloads/Policy/DIGITAL_PAKISTAN_POLICY%2822-05-2018%29.pdf 18. Fatima, H., & Qazi, N. (2022, June 22). Untethering from legacy infrastructure: Pakistan’s cloud-first policy. Tabadlab. https://tabadlab.com/pakistans-cloud-first-policy/ 19. State Bank of Pakistan. (2024). Export of goods and services 4th Qtr, FY24. https://www.sbp.org.pk/publications/export/ quarterly/FY24/Q4/2.pdf 20. State Bank of Pakistan. (2023). Export of goods and services 4th Qtr FY23. https://www.sbp.org.pk/publications/export/ quarterly/FY23/Q4/2.pdf 21. Jamal, N. (2021, August 9). Falling further behind. DAWN. https://www.dawn.com/news/1639563 22. Data updated as of Q4FY24. 23. The State Bank of Pakistan (SBP) considers three key sectors when calculating net foreign direct investment (FDI): telecommunications, information technology (IT) services and software development. 24. State Bank of Pakistan. (n.d.). Net inflow of foreign private investment (archive). Retrieved October 31, 2024, from https://www.sbp.org.pk/ecodata/nifp_arch/index.asp 25. Ibid. 26. BR Research. (2022, March 21). FDI in ICTs. Business Recorder. https://www.brecorder.com/news/40162044/fdi-in-icts 27. Hayat, A. (2024, December 30). 5G spectrum auction: Path towards digital transformation. The Express Tribune. https://tribune.com.pk/story/2518954/5g-spectrum-auction-path-towards-digital-transformation#:~:text=The%20 forthcoming%205G%20spectrum%20auction,infrastructure%20and%20stimulate%20economic%20growth 28. Amin, T. (2024, January 25). PTA drafts framework for Mobile Virtual Network Operator Services. Business Recorder. https://www.brecorder.com/news/40285605 29. ProPakistani. (2024, November 1). New policy being devised to boost local mobile phone exports, NA told. https://profit. pakistantoday.com.pk/2024/11/01/new-policy-being-devised-to-boost-local-mobile-phone-exports-na-told/ Digital FDI Initiative: Digital FDI-Enabling Project in Pakistan 44