Pakistan is positioning itself as a major tech hub, with Prime Minister Shehbaz Sharif announcing a $700 million IT investment and urging global investors to capitalize on the country's digital growth.
Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s goal of becoming a global leader in technology, as he announced that the country is ready to leverage its digital infrastructure and vast talent pool to attract international investment. Speaking at the inaugural Digital Foreign Direct Investment (DFDI) conference in Islamabad, Sharif invited global investors to explore the growing opportunities in Pakistan’s IT sector.
The DFDI conference, the first of its kind in Pakistan, saw the participation of delegates from 45 countries and more than 75 foreign investors, including CEOs of over 50 global companies. Sharif highlighted the government's efforts in creating an enabling environment for IT investment, citing the establishment of IT parks, incubation centers, and a research and development ecosystem across federal and provincial levels.
“We are not just waiting for the future, we are shaping it,” said Sharif, emphasizing the country’s readiness to lead the global digital economy.
With over 60% of Pakistan’s population under 30, Sharif stressed that the country's youth are its most valuable asset. To further enhance skills, Huawei has partnered with the government to train 200,000 young Pakistanis in digital skills through a joint development program.
“Pakistan’s youth – over 100 million strong – is our greatest digital asset,” said Shaza Fatima Khawaja, Minister of IT and Telecommunication, who also spoke at the conference. “Under the prime minister’s supervision, we have trained over 300,000 young professionals this year alone.”
Pakistan’s IT exports are on track to surpass $4 billion this year, marking a significant milestone in the country’s digital transformation. With the country’s expanding broadband network, 65% smartphone penetration, and increasing foreign remittances, Sharif believes the digital economy is poised for rapid growth.
“We’re not just building a digital economy; we’re creating a digital Pakistan,” the prime minister said, inviting global investors to join the country's journey toward a tech-driven future.
Pakistan is seeking fresh Turkish investment after Prime Minister Shehbaz Sharif and President Recep Tayyip Erdoğan agreed to deepen economic coopera...
Massive crowds are gathering in the streets of Tehran on Monday for the funeral procession of Iran's slain former supreme leader, Ali Khamenei, as ...
United States striker Folarin Balogun will be eligible to face Belgium in the World Cup round of 16 after FIFA suspended the implementation of his one...
Pakistan is seeking fresh Turkish investment after Prime Minister Shehbaz Sharif and President Recep Tayyip Erdoğan agreed to deepen economic cooperation and reaffirmed their commitment to increase bilateral trade to $5 billion.
At least 40 people were killed after a passenger bus plunged off a highway into a ravine in southwestern Pakistan, officials said on Friday (3 July).
Pakistan has issued a nationwide warning as the first spell of monsoon rain coincides with rapid glacier melt in the country's north, raising the risk of flash floods, glacial lake outburst floods, landslides and urban flooding.
Pakistan's military said on Wednesday it intercepted and destroyed four drones launched from Afghanistan into Balochistan, days after Islamabad carried out cross-border strikes against what it described as militant hideouts in eastern Afghanistan, further escalating tensions between the neighbours.
The death toll from Venezuela's devastating twin earthquakes has risen to 3,342, according to the country's information ministry, as rescue teams continue searching affected areas and survivors face an uncertain recovery.
Mexico's national football team has returned luxury Rolex watches gifted by American content creator Stevewilldoit after concerns that they could conflict with FIFA's ethics rules.
Governments are tightening restrictions on teenagers’ use of social media amid growing concerns over mental health, online safety and platform design, but questions remain over enforcement and whether bans can meaningfully change behaviour.
President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the second day of mass processions. Three of Khamenei's sons attended the ceremony, while his successor, Mojtaba Khamenei, made no public appearance.
Humanoid robots stumbled, collided and recovered as they battled for the RoboCup 2026 football title on Sunday (5 July), showcasing the latest advances in robotics and artificial intelligence at the world's largest competition of its kind.
India is investigating a data breach at Tata Electronics that exposed sensitive documents linked to Apple's unreleased iPhone 18 Pro, marking the government's first public comments on the incident.
Humanity’s return to the Moon is about far more than planting flags and collecting samples. Under NASA’s Artemis programme, the goal is to establish a lasting human presence, with lunar rovers set to play a vital role in making that vision possible.
American technology company Snap has launched its first augmented-reality (AR) glasses for consumers, marking a major push into wearable computing as tech firms race to redefine personal devices in the AI era.
The Canadian government has introduced a digital safety bill that would ban children under the age of 16 from using social media, unless platforms meet specific safety standards.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment