American tech giant Google has established company account with SECP.
According to a MoITT official, the registration of Google as a company in Pakistan is a good indication. Google is investing $3.5 million in the Google certification program, and the registration with SECP indicates that the business intends to invest even more.
Google Asia Pacific Pte. Ltd. has been incorporated under the Companies Act 2017 for opening a liaison office in Pakistan.
According to sources, Google will begin functioning in Pakistan very soon after registering with the SECP. Next week, a Google delegation will visit Pakistan to meet with Pakistani officials and talk about the company’s operations there.
According to sources, the Ministry of Information Technology and Telecommunication (MoITT) was in contact with foreign businesses and made a concerted effort to attract them to Pakistan, but the businesses balked because of the country’s political unrest.
The negotiations between the government and Facebook are still ongoing, but there has been progressing in this area with first Google and then Tik Tok deciding to open offices in PAK.
However, IT ministry officials are optimistic that Google will open an office in Pakistan within the next few days. Officials from the MoITT claim that Google has started a number of initiatives in PAK in recent years.
Google introduced job certificates in September to provide all Pakistanis with flexible learning options. Google established a suicide hotline in PAK in June 2022 to address suicide incidents and mental health problems.
Most representatives deemed it positive that Google had registered as a firm in Pakistan. In the Google Certification Program, Google is investing $3.5 million, and the company’s registration with SECP indicates that it plans to contribute more.
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