Tuesday, May 16, 2017

Uber to invest $500 million in Pakistan by 2020 - says Uber Head, Gore-Coty

Uber is committing US$500m investment to growing its operations in Pakistan. This financial backing is supported and accelerated by the arrival of Uber’s Head of Europe, Middle East, and Africa, Pierre-Dimitri Gore-Coty this week.

The Uber team and Gore-Coty met with the Chairman Federal Board of Investment Dr. Miftah Ismail, on Thursday in Islamabad to discuss the expansion of Uber in Pakistan and to reinforce the company’s dedication to the market through their additional investment of $500m by 2020.

Talking about Uber’s investment plans for Pakistan, Gore-Coty said, 
“We will continue to work closely with the government as Pakistanis benefit from reliable, affordable and safe transportation like Uber. We are committed to not only providing the best solution of convenient reliable transport but also want to contribute to the economy of Pakistan by creating thousands of work opportunities and overall economic empowerment for the people and state of Pakistan. Pakistan is a key market for Uber which is why we are channeling significant investment to the country.”

Pakistan continues to be a thriving, high-growth market for the company. Uber is operational in five cities across the country – Karachi, Lahore, Islamabad, Rawalpindi and Hyderabad. Tens of thousands of drivers use the app, which directly translates into the economic opportunities required to address unemployment.



The additional investment will assist in growing the driver partner network, expanding in more cities, creating more economic opportunities, and the enhancement of Uber’s customer services program.

Dr. Ismail, Chairman Federal Board of Investment commented, 
“We are pleased to meet Uber’s management and welcome their proposal for significant investment that aims to create over 250,000 economic opportunities for Pakistanis.”

Riders in Pakistan currently have three options available to them: UberGO, UberX, and UberAUTO. This ensures that riders in Pakistan have multiple options at different price points, which generates a wider breadth of economic opportunities for driver-partners.

A positive regulatory framework would allow the cab hailing company to create economic opportunities for over 250,000 Pakistanis. In addition to partnering with government on regulation, Uber will also work with organizations to provide ongoing training through initiatives such as the partnership with Punjab Skills Development Fund (PSDF).

During his visit to Lahore, Gore-Coty also signed a MoU with PSDF cementing a partnership to provide training and economic opportunities to underprivileged youth in Punjab.




SHARE THIS

Author:

Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺

0 comments:

 
‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...
 

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________