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.
A senior adviser to Iran’s Supreme Leader warned the U.S. port blockade would fail, saying Tehran has ways to bypass it and could turn to con...
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against A...
Start your day informed with the AnewZ Morning Brief. Here are the top storie...
A humanoid robot called Sophia took an unusual place at the heart of a classical concert in Hong Kong on Wednesday (29 April), as she performe...
The United Nations has said that at least 21 people have been executed in Iran and more than 4,000 arrested since the outbreak of war involving the...
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war. Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran's ports. Meanwhile Iranian Foreign Minister Abbas Araghchi arrives in St Petersburg for talks.
Türkiye is expanding its diplomatic mediation efforts in Iran- U.S. talks amid rising regional tensions, as Ankara continues to position itself as a key facilitator in broader Middle East stability efforts.
Oil prices extended gains on Monday, rising nearly 2% as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.
U.S. President Donald Trump has said Iran can contact the United States directly if it wishes to negotiate an end to the conflict between the two countries, now in its second month.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
Mexican special forces arrested Audias Flores, known as “El Jardinero”, a senior commander of the powerful Jalisco New Generation Cartel (CJNG), during an operation in the western state of Nayarit, Security Minister Omar García Harfuch said on Monday (27 April).
A humanoid robot called Sophia took an unusual place at the heart of a classical concert in Hong Kong on Wednesday (29 April), as she performed alongside a live orchestra for the first time.
Elon Musk took the stand on Tuesday (28 April) at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.
A pivotal trial that could shape the governance of artificial intelligence begins Tuesday in California, as Elon Musk and Sam Altman face off over OpenAI’s shift to a for-profit model.
Alphabet Inc’s Google has deepened its operational relationship with the United States Department of Defense (DoD), quietly signing a wide-ranging agreement to deploy artificial intelligence models in highly classified environments.
Market reaction to DeepSeek’s preview of its next-generation artificial intelligence model has been relatively subdued, in sharp contrast to the global shock triggered by its breakthrough releases last year.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment