Pakistan has launched four Special Technology Zones in Punjab, projected to generate $350 million in annual tech exports and create jobs for 50,000 professionals. These zones, focusing on key technology sectors, are part of a broader initiative to boost the economy amidst ongoing internet disruptions threatening significant financial losses.
Telenor Pakistan has launched 4G services in Hunza and upgraded its network in Gilgit and Skardu, enhancing connectivity and driving digital transformation in the Gilgit-Baltistan region. This initiative aims to boost local tourism, expand e-commerce, and support economic growth, positioning the region as a digital hub in Pakistan.
PTCL Group and Zarai Taraqiati Bank Limited (ZTBL) have partnered to implement a Managed WAN and desktop solution across 500+ ZTBL sites in Pakistan. This collaboration aims to enhance connectivity and digital transformation, empowering ZTBL’s clients, including farmers, and contributing to the growth and development of Pakistan’s economy.
At the Digital Nation Summit in Islamabad, telecom leaders discussed the critical role of smartphones in bridging Pakistan’s digital divide. Jazz CEO Aamir Ibrahim emphasized the need for affordable smart devices and policy reforms. The summit also highlighted sustainability efforts and the telecom sector’s importance in driving economic growth and digital inclusion.
The GSMA is hosting its first Digital Nation Summit in Pakistan on August 7, in collaboration with the Ministry of IT & Telecom. The event will feature discussions on leveraging mobile technology for a sustainable and inclusive Digital Pakistan, with opportunities to engage with industry pioneers and thought leaders.
Pakistani engineers have developed “Beep,” a secure government messaging app for officials, ready for launch after successful trials. The app could extend to citizens if approved, amid ongoing social media restrictions and internet shutdowns. “Beep” aims to ensure uninterrupted communication among officials, featuring text, audio, video sharing, and conference calls.
The State Bank of Pakistan’s Q3 FY 2023-24 report shows digital transactions comprising 83% of total retail payments, with 844 million transactions worth PKR 128,470 billion processed by banks and EMIs. Mobile and internet banking saw significant growth, and Raast processed 140 million transactions worth PKR 3,437 billion, highlighting rapid digital adoption.
The FAO launched the Digital Agriculture Consortium (DAC) in Islamabad, aiming to transform Pakistan’s agriculture through digital means. The event showcased advanced technologies and discussed strategies to enhance productivity and efficiency. The DAC will integrate key stakeholders to drive the digital transformation of agriculture, fostering collaboration and sustainable development across Pakistan.
Veon subsidiary Jazz has secured a PKR75 billion (US$270 million) loan to expand its infrastructure and transition from a telecom company to a technology services provider. The credit facility, led by The Bank of Punjab, is the largest long-term private sector syndicated credit facility in Pakistan, enabling Jazz to enhance digital infrastructure and invest in cloud, software, and financial services.
Fleet Space Technologies is enhancing Barrick Gold’s copper exploration at Reko Diq in Pakistan with its ExoSphere solution. Utilizing satellite networks, AI, and 3D mapping, ExoSphere provides real-time 3D subsurface maps and AI-powered drill targeting, enabling sustainable, efficient, and precise exploration activities with minimal environmental impact.
