American tech giant Google has established a corporate account with Pakistan’s Securities and Exchange Commission (SECP).
According to sources who spoke exclusively to ProPakistani, Google has received a certificate of registration from the SECP under Section 435 of the 2017 Companies Act.
Google Asia Pacific Pte. Ltd. has been incorporated under the Companies Act 2017 for opening a liaison office in Pakistan, according to documents made accessible to ProPakistani.
Sources claim that Google would begin operating in Pakistan very soon after registering with 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 baulked because of the country’s political unrest.
The talks between the ministry and Facebook are still ongoing, but there has been progress in this area with first Google and then Tik Tok deciding to open offices in Pakistan.
The 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 Pakistan in recent years.
Google introduced job certificates in September to provide all Pakistanis with flexible learning options. Google established a suicide hotline in Pakistan in June 2022 to address suicide incidents and mental health problems.
The MoITT representative 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 wants to contribute more.
