Khurram Zafar, known for his efforts as part of National Incubation Center Lahore and 47Ventures to help local startups grow and achieve their potential, has taken to Twitter to list down some steps which, according to him, are essential to attracting foreign investment in Pakistan’s knowledge economy.
Khurram Zafar has previously worked as the executive director of LUMS Center for Entrepreneurship and is currently the director of National Incubation Center, Lahore. He provides guidance and support to startups through these incubation centers and also heads a venture capital fund by the name of 47Ventures, which has invested in a number of prominent startups across the country.
He was recently included in Prime Minister Imran Khan’s task force for Knowledge Economy, and it appears that he is brimming with ideas on how to properly revitalize Pakistan’s knowledge-based economy. He took to Twitter on Thursday to directly address the Finance Minister of Pakistan, Asad Umar and listed down the steps he, after gaining experience from being part of 47 Ventures, thinks are necessary to bring in foreign investment in Pakistan’s Knowledge Economy.
Here are the steps that he thinks should be taken by the current government.
Governments are known by the advisers and people with relevant industry experience that they attract to their cause. It’s not fair to expect a seasoned politician to be expert in all the technicalities and nit and grits of running a country. That’s where adviser like Khurram Zafar come in. We hope that government makes proper use of his vast experience in Pakistan’s local industry and incorporates his suggestions to ensure that Pakistan’s journey towards becoming a knowledge-based economy continues without impedance.
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