Alibaba president impressed with IT growth in Pakistan

By APP
Published: April 20, 2017
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PHOTO: REUTERS

PHOTO: REUTERS

ISLAMABAD: Pakistan has achieved economic stability over the last three years and is now amongst the fastest growing economies of the region, said Prime Minister Nawaz Sharif on Wednesday.

Chinese e-commerce giant Alibaba expresses interest in investing in Pakistan

Talking to Alibaba Group President Michael Evans at the PM House, he said the security situation in the country had improved significantly and the industry was being provided uninterrupted power supply.

Prime Minister Nawaz Sharif meets President of Alibaba group Mr Michael Evens at Islamabad. PHOTO: PID

He pointed to the unprecedented development of infrastructure along with a revolutionary expansion in IT and telecommunications.

Sharif said the government was focused on institutional reforms, achieving good governance and rationalising the taxation structure.

Alibaba testing Pakistan’s e-commerce market

Evans thanked the prime minister for inviting him and informed him about the meetings he had with various federal ministries. Evans expressed confidence that Alibaba’s e-platform would provide a stimulus for growth of SMEs in Pakistan.

Published in The Express Tribune, April 19th, 2017.

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