Alibaba presents SMEs AI-driven solutions

Provides support to enhance operational efficiency, capture global market

ISLAMABAD:

Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan met a delegation of Alibaba.com to discuss avenues of cooperation aimed at strengthening Pakistan's digital economy, promoting industrial growth and enhancing the export potential of small and medium enterprises (SMEs).

Discussions focused on implementation of the "DigiSME Pakistan" initiative in collaboration with the Small and Medium Enterprises Development Authority (Smeda) as well as broader topics such as industrial development and the expansion of Pakistan's global online export reach. The Alibaba delegation presented artificial intelligence (AI)-powered solutions designed to support Pakistan's SMEs, aimed at enhancing operational efficiency and enabling them to capture global market opportunities more effectively.

Haroon Akhtar Khan stated that the recent memoranda of understanding (MoUs) signed with the Alibaba Group represented significant milestones for Pakistan's economic development. He emphasised that Alibaba's services would help Pakistani SMEs seamlessly integrate into global markets through digital trade, thereby boosting exports and generating new economic opportunities.

The PM aide directed Smeda to work closely with Alibaba.com to ensure that micro, small and medium enterprises (MSMEs) effectively utilise digital platforms and benefit from emerging opportunities in global e-commerce.