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11

Under consideration

pk/acc Ideas

AI based Visa Processing

Establish a centralized AI based online portal for all visa-related services, ensuring accurate paperwork and AI analysis to guage if visas will be approved or not. Crowdsource visa approval rates and add guidance for people to apply for and get visas of different countries

Aro1993
pk/acc Ideas

Digital Nomad Visas

Introduce a digital nomad visa for foreign professionals, setting an example for global mobility.

Aro1993
pk/acc Ideas

Simplified SME Loans

Create a government-backed program offering simplified loan processes for small and medium enterprises (SMEs).

ShaoorVP
pk/acc Ideas

Simplify Student Visa via Private Sector Outsourcing

Collaborate with private companies to manage visa's for businesses and students e.g. how USEFP manages student visas for its student applicants and scholarship winners. Negotiate education partnerships with global universities to simplify student visa processes for Pakistani students.

Imaginarium
pk/acc Ideas

Ease of Doing Business Index

Create a national index to measure and improve ease of doing business by tracking key indicators like regulatory efficiency and startup success rates.

dontaskmeplease
pk/acc Ideas

Strengthen Diplomatic Ties

Initiate multi-lateral agreements with key nations to secure visa-free or visa-on-arrival status for Pakistani passport holders.

ShaoorVP
pk/acc Ideas

Peer-to-Peer Lending Network

Launch a regulated peer-to-peer lending platform to connect small businesses with individual investors.

Imaginarium
pk/acc Ideas

Fractional Real Estate Investment Platform

Develop a platform for fractional real estate investments to make property investment accessible and secure for individuals.

ShaoorVP
pk/acc Ideas

Global Internship Programs

Partner with international organizations to create global internship opportunities for young Pakistanis. We used to have this before with AEISEC and similar organizations

dontaskmeplease
pk/acc Ideas

Building a knowledge-based economy

Incentivize multinational corporations and universities to invest in local research and development centers. 1. Tax Incentives and Subsidies • The government can offer tax breaks or rebates to MNCs that establish R&D labs within Pakistan. • Targeted subsidies can offset initial setup costs (e.g., infrastructure, equipment), making R&D investment more appealing. 2. Ease of Doing Business • Streamline bureaucratic procedures (e.g., approvals, permits, and licensing) to lower the administrative burden for foreign investors. Make company registration a 1 day process at max. • Create or designate Special Economic Zones (SEZs) that offer simplified regulations, strong infrastructure, and exclusive benefits for high-tech R&D activities. 3. Access to Local Market and Talent • Highlight Pakistan’s growing consumer market and untapped potential in segments like agriculture, pharmaceuticals, and software services. • Showcase local universities, research institutes, and a rapidly expanding pool of young professionals eager to work in advanced sectors. 4. Intellectual Property (IP) Protections • Strengthen legal frameworks to protect patents, trademarks, and trade secrets. This assurance reduces the risk for MNCs investing in R&D. • Develop fast-track channels for dispute resolution relating to IP to further boost investor confidence. Long-Term Vision • Build a High-Tech, Knowledge-Based Economy: By prioritizing technology transfer and local R&D, Pakistan can move from low-value industries (e.g., basic textiles) to higher-value segments (e.g., specialized engineering, pharmaceutical research, software products). • Foster Sustainable Growth: Locally driven innovation helps address domestic challenges (energy, agriculture, healthcare) while generating globally competitive solutions. • Retain Talent and Reverse Brain Drain: When challenging, well-paid R&D positions are available locally, fewer skilled professionals feel compelled to move abroad, or they may return after pursuing advanced studies elsewhere. Category: Economy / Technology

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