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Shehbaz Sharif Meets VEON Group to Boost Pakistan’s Digital Investment

Shehbaz Sharif Meets VEON Group to Boost Pakistan’s Digital Investment

Prime Minister Shehbaz Sharif meets with the CEO of VEON Group, Kaan Terzioğlu, to discuss opportunities for investment in Pakistan’s digital sector. The meeting focused on promoting innovation, attracting global investment, and enhancing cooperation in IT and telecommunications.

During the discussion, the prime minister highlighted that the government will provide full support and facilitation to investors in the digital operators industry. He cited the successful auction of the 5G spectrum as evidence of Pakistan’s clear strategic direction and commitment to modern technology.

Shehbaz Sharif meets the delegation to emphasize that Pakistan is pursuing a comprehensive strategy to grow its IT sector. He noted that practical steps are being taken, in collaboration with relevant institutions, to make investment easier for international stakeholders. The prime minister also stressed the importance of using information technology to achieve a cashless economy.

Kaan Terzioğlu, CEO of VEON Group, praised Pakistan’s progress in the digital economy. He acknowledged the transparency of government processes and the strategic steps taken to promote investment. Terzioğlu highlighted that the 5G spectrum auction reflects Pakistan’s growing potential in digital innovation.

The meeting was attended by Federal Ministers Muhammad Aurangzeb, Shaza Fatima, Ahsan Iqbal, and other officials, reinforcing the government’s commitment to supporting digital growth.

In related news, Pakistan’s IT sector continues to show strong performance. During the first quarter of fiscal year 2025–26, IT exports reached a record $1.057 billion, up 20 percent compared to the same period last year. Monthly exports in September 2025 alone hit $366 million, according to the State Bank of Pakistan.

Officials attributed this growth to Pakistani IT companies expanding into Gulf and European markets. Favorable policies under the Special Investment Facilitation Council (SIFC) also helped drive strong momentum in the sector.

In other news read more about Prime Minister Shehbaz Sharif Pushes For Legal Reforms To Boost Housing Investment

The meeting underscores Pakistan’s commitment to becoming a hub for digital investment. By providing support to international investors, the government aims to ensure sustained growth in technology, telecommunications, and IT exports.

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