Prime Minister Shehbaz Sharif has reiterated the coalition government’s resolve to continue efforts to ensure better public service delivery.
Public welfare is the top priority of the coalition government, he said while addressing the eighth edition of the Future Investment Initiative (FII) in Riyadh on Tuesday.
He added: “Pakistan is on the path of development and stability. Together we can make progress.
“Youth are our precious asset and the government has launched special projects for youth development.
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In a post on X, he said: “In my meetings with the Saudi leadership, I will reaffirm our common desire to further cement Pak-KSA ties through robust and mutually beneficial partnerships in trade and investment.”
The FII, scheduled for Oct 29-30, serves as a major platform for countries to promote economic potential, attract foreign investments, and discuss strategies for sustainable growth.
This year’s theme, “Infinite Horizons: Investing Today, Shaping Tomorrow,” focuses on investment in emerging fields, including artificial intelligence, robotics, education, energy, space, finance, healthcare, and sustainability.
The participating countries will engage in dialogue to promote investment and a sustainable future while highlighting the strength of their respective economies.
Attended by global leaders, this year’s FII is themed “Infinite Horizons: Investing Today, Shaping Tomorrow” and focuses on global investments aimed at addressing major issues such as artificial intelligence, robotics, education, energy, space, finance, healthcare, and sustainability.
He underscored the importance of a knowledge-based economy driven by innovation in the domains of artificial intelligence, education and health, calling for collective global efforts and partnerships to overcome contemporary challenges.
He said that no nation could overcome today’s challenges alone and no single country could harness the potential of tomorrow without the support of others.
“Pakistan stands ready to join those who dare to dream big. We invite you to invest, to bring your expertise and creativity to Pakistan, as we build a future rooted in resilience and shared prosperity,”
The prime minister said he was elated to share that Pakistan, too, was on a transformative journey; a journey of resilience, sacrifice, and a relentless pursuit of stability and growth.
The prime minister, citing future course, said Pakistan was laying the foundation for a knowledge-based economy driven by innovation in three pivotal domains, artificial intelligence, education, and health in which they looked forward to forging useful partnerships.
“AI is more than a trend; it’s a force revolutionizing economies, societies, and industries. At this critical juncture, Pakistan is not just embracing AI, we are committed to excelling in it,” he said, adding their mission was clear and it was to; encourage young minds to redefine the boundaries of AI; training skilled engineers and data scientists as the backbone of Pakistan’s AI growth; and equipping their workforce to harness the power of AI across industries.
Along with the Kingdom of Saudi Arabia and like-minded global partners, the prime minister said Pakistan envisioned AI as a force for good, free from biases.
Since assuming office in March this year, he said, the progress and prosperity of people had been his government’s laser focus.
Through the commitment of their people and the support of their partners, like the brotherly country Kingdom of Saudi Arabia, they had restored macroeconomic stability and were now ready to enter a period of sustained growth and progress, he added.
Prime Minister Sharif said “This journey is not just ours, it’s a call to our friends across the world, because together, we are stronger. Together, we can shape a future defined by innovation, prosperity, and success.”
“Talented, resilient, and armed with an untiring spirit, they are now ready to take on the emerging challenges,” he added.
“In this pursuit, it is not just a responsibility; it is our persistent endeavour to empower our youth with quality education, digital inclusivity, and the cross-cutting tools they need to thrive in a rapidly evolving world,” he opined.
The prime minister further said that in agriculture, climate resilience, and the fight against misinformation, they could unleash AI’s potential not merely to compete, but to uplift and empower.
“Our aspirations in AI and beyond are deeply rooted in a solid educational foundation. Through educational reforms, vocational trainings, and digital literacy, we aim to build a skilled, tech-savvy generation,” he added.
The prime minister said projects like Daanish Schools and the Education Endowment Fund in Pakistan that his government steered, made quality education accessible to those who once saw it as an unattainable dream.
“Today, he said these graduates aren’t just students; they are builders of tomorrow as doctors, engineers, and innovators. They are pioneers, driving progress and uplifting their communities, a testament to the transformative power of accessible education. Their success stories reinforce my belief that education is a true equalizer and a game-changer for individuals and nations alike.
The prime minister further said that health was the cornerstone of human advancement and Pakistan’s healthcare sector was home to over 275,000 registered doctors with their youth pioneering new health-tech solutions.
With advancements in healthcare standards, they envisioned a future where their doctors and scientists collaborated across borders for a healthier tomorrow, he added.
“Imagine the impact, pooling resources in areas like genome sequencing and personalized medicine. With such collaborations, we can redefine the whole healthcare system,” he further emphasized.
The prime minister enumerated that their institutions like King Edward Medical College, NUST and Aga Khan University held immense potential for breakthroughs in diagnostics, treatment and disease prevention.
“As we look toward these infinite horizons and unpack our potential, one truth becomes clear: the future of human advancement doesn’t lie in isolation, it lies in collaboration in working together for win-win outcomes,” he stressed.
The prime minister expressed the hope that as Pakistan and the Kingdom of Saudi Arabia moved towards new realms of possibility, from their shared heritage to the frontiers of innovation, this partnership might shine as a beacon for all.
“Let this be our legacy: a commitment to a vision that transcends borders, embraces boundless potential, and inspires generations to come,” he added.
He also stressed that global human advancement and transformation could not take place unless peace was restored in Gaza and bloodshed stopped.
He said as he stood in Riyadh, a city that had evolved from a desert oasis into a global metropolis, he was inspired by a vision that resonated beyond borders, a vision of limitless possibilities, where the choices they made today set the course for a future they dreamt of.
He said that the dream of progress and prosperity across the world would never come true unless peace was restored in Gaza and bloodshed there stopped immediately.
The prime minister categorically referred to the situation in Gaza and observed that without peace and an immediate end to bloodshed there, the world would not progress and prosper, PM Office Media Wing said in a press release.