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January 25, 2024
Pakistan has the potential to develop a thriving startup ecosystem, but it needs to learn from the experiences of several peer countries that have successfully overcome hurdles, according to a report by the Overseas Investors Chamber of Commerce and Industry (OICCI). The report, titled “Promoting Start-up Ecosystem in Pakistan - OICCI's Prospective”, identifies the key challenges and opportunities for Pakistani startups, and offers recommendations on how to improve the enabling environment for them. The report says that Pakistani policymakers can adapt and implement best practices from countries such as Rwanda, Chile, and Kenya, which have created conducive conditions for startups to flourish.(more)