American companies, led by Pakistani-American entrepreneurs, have announced a $20 million upfront investment for Pakistan's IT industry.
The Pakistan-U.S. Tech Investment Conference in California facilitated the investment with support from various organizations and government officials.
The conference highlighted Pakistan's IT sector's growth, with IT exports exceeding $3 billion, and focused on creating jobs, attracting international investment, and expanding the country's market.
The event emphasized the partnership between the US and Pakistan, with plans to leverage Saudi funding, Pakistani talent, and American technology for mutual progress in the IT industry.