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RIYADH: Prime Minister Shehbaz Sharif on Tuesday underscored the importance of a knowledge-based economy driven by innovation in domains of artificial intelligence, education, and health,
While addressing the plenary session of the 8th edition of the Future Investment Initiative (FII) in Riyadh, PM Shehbaz called for collective global efforts and partnerships to overcome contemporary challenges.
Prime Minister 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 premier added.
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.
The participating countries engage in the dialogue for the promotion of investment and a sustainable future while highlighting the strength of their respective economies.
The FII conference featured discussions on artificial intelligence, robotics, education, energy, space, public health, and challenges confronting sustainable development.
Honored to address the @FIIKSA in Riyadh on the theme ‘Infinite Horizons: Investing Today, Shaping Tomorrow.’ Emphasized Pakistan’s commitment to leveraging investments in Artificial Intelligence, Education, and Health to drive human advancement. By investing in AI, we aim to… pic.twitter.com/J1mOzp5vr3
— Shehbaz Sharif (@CMShehbaz) October 29, 2024
The prime minister, citing future courses, 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,” he added.
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.”
He further elaborated that Pakistan was blessed with something truly precious, the youth who was their promise to tomorrow.
“Talented, resilient, and armed with an untiring spirit, they are now ready to take on the emerging challenges,” he added.
Inspired by Saudi Arabia’s Vision 2030, championed by Crown Prince Mohammed Bin Salman, the prime minister said Pakistan shared a common mission and invested in their youth to shape the future.
“In this pursuit, it is not just a responsibility; it is our persistent endeavor 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 training, and digital literacy, we aim to build a skilled, tech-savvy generation,” he added.
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.
The prime minister also expressed his deepest gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Mohammed bin Salman for their remarkable vision and foresight in convening the important gathering of world leaders, experts, and civil society to address issues shaping our future.
He further 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.
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