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PM invites German software giant to establish labs in Pakistan

PM invites German software giant to establish labs in Pakistan
January 22, 2020
DAVOS (92 News) – Prime Minister (PM) Imran Khan on Wednesday invited German software development giant Systems, Applications and Products in Data Processing (SAP) to establish laboratories in Pakistan. “The Prime Minister made the offer in a meeting with SAP CEO Christian Klein on the sidelines of the World Economic Forum being held in Davos, Switzerland,” read a tweet shared by the PM Office. In the meeting, the German executive briefed PM Imran on SAP’s long association with the country over the past 20 years. He highlighted that the most significant project taken up by the German firm was of administering a digital system of salaries and pensions for the federal government. “The Prime Minister also offered SAP to establish software labs in Pakistan to do software engineering work for SAP in Pakistan,” said the PM Office. SAP CEO Klein lauded the Pakistan government’s focus on digitisation of governance and economic sectors in his meeting with the premier. Klein expressed the company’s commitment to training young software engineers in Germany and using them for software development in Pakistan. The meeting was also attended by Adviser on Finance Abdul Hafeez Sheikh, Advisor on Commerce Abdul Razaq Dawood, Special Assistant to Prime Minister (SAPM) Syed Zulfiqar Abbas Bokhari, SAPM Dr Moeed Yusuf, Ambassador at Large on Foreign Investment Ali Jehangir Siddiqui.
Invites Singaporean investors to increase footprints in Pakistan
In another meeting, PM Khan and his Singaporean counterpart Lee Hsien Loong held a meeting in Davos and discussed bilateral relations. The two Prime Ministers expressed the desire to further deepen the bilateral ties with a focus on increasing trade and investment. Referring to the recent improvements in Pakistan’s rankings by different rating agencies, the Prime Minister invited Singaporean businessmen and investors to increase their footprint in Pakistan. Imran Khan apprised his Singaporean counterpart of the dire human rights and humanitarian situation in Indian Occupied Jammu and Kashmir arising from the illegal and unilateral Indian actions of last August. Both sides also agreed to enhance cooperation at the multilateral fora. Earlier, PM Imran also held a meeting with Chairman of Turkish company Çalık Holding Ahmet Çalık. Advisor on Finance Dr Abdul Hafeez Sheikh, Advisor on Commerce Abdul Razaq Dawood, SAPM Syed Zulfiqar Abbasi, SAPM Dr Moeed Yusuf, Ambassador at large on Investments Ali Jehangir Siddiqui were also present on the occasion.