Addressing the launch ceremony of the IBI Pakistan Digital Economy Headquarters in Islamabad, Deputy Prime Minister Ishaq Dar highlighted Pakistan’s fast-growing IT sector, its large pool of young digital talent, and the expanding opportunities emerging under the second phase of the China-Pakistan Economic Corridor China-Pakistan Economic Corridor (CPEC 2.0).
He noted that Prime Minister Shehbaz Sharif envisions transforming Pakistan into a regional hub for the digital economy, innovation, and technology-driven growth. According to him, Pakistan’s digital economy is rapidly expanding, creating strong prospects for investment, international partnerships, and innovation-led development.
Dar further explained that CPEC 2.0 represents a strategic shift from traditional infrastructure projects to intelligent infrastructure, digital connectivity, artificial intelligence (AI), information and communication technology (ICT), and modern innovation ecosystems.
He emphasized that Pakistan-China relations remain strong and time-tested under the Pakistan-China All-Weather Strategic Cooperative Partnership, and are now entering a new phase focused on digital transformation and economic collaboration. He described the establishment of the IBI Pakistan Digital Economy Headquarters as a significant milestone that reflects growing global confidence in Pakistan as an emerging hub for technology, investment, and innovation.
He also stressed the need to deepen cooperation in emerging technologies, digital infrastructure, and innovation-driven sectors to ensure sustainable economic growth and improved regional connectivity.
FAQs
What is the purpose of the IBI Pakistan Digital Economy Headquarters?
It aims to promote digital transformation, innovation, and investment in Pakistan’s growing technology sector.
What did Ishaq Dar highlight during the ceremony?
He emphasized Pakistan’s expanding IT industry, youth potential, and opportunities under CPEC 2.0.
How is CPEC 2.0 different from the first phase?
CPEC 2.0 focuses on digital infrastructure, AI, ICT, and innovation instead of only physical infrastructure projects.
What is Pakistan’s digital economy goal?
Pakistan aims to become a regional hub for digital economy, technology, and innovation-led growth.
Why is Pakistan-China cooperation important in this context?
It supports investment, technology sharing, and long-term digital and economic development between both countries.
Conclusion
The launch of the IBI Pakistan Digital Economy Headquarters marks an important step in Pakistan’s journey toward becoming a regional digital and innovation hub. With CPEC 2.0 focusing on advanced technologies and digital transformation, Pakistan aims to strengthen its economy through innovation, foreign investment, and strategic partnerships, especially with China.
