ISLAMABAD: Considering the demographical and geo-strategic location of Pakistan and the vision of the new government, Whale Cloud, partner of Ali Baba Group, has shown keen interest in the Pakistani market and has pledged to invest $70 million in Pakistan over the next two to three years.
Whale Cloud (Alibaba Cloud) CEO Ben Zhou called upon IT and Telecom Minister Dr Khalid Maqbool Siddiqui on Friday to discuss investment climate and opportunities in Pakistan.
A world-leading data intelligence company, Whale Cloud was founded in 2003 as the largest subsidiary of ZTE and has been involved in telecom data processing and ICT domains for 15 years. In early 2018, it became a strategic partner of Alibaba Cloud. Today, Whale Cloud provides digital transformation technologies and services for telecom operators, governments, and enterprises in more than 80 countries and regions in the world.
Ben Zhou, who is on a short visit to Pakistan, shared his views on how whale cloud could help the Chinese government as well as governments around the globe to develop smart infrastructure using private cloud service to ensure data security and integrity.
Dr Siddiqui on the other hand emphasised on the skilled human capital, which is available in Pakistan for ICT and can assist companies like Alibaba and Whale Cloud in their strategic infrastructure planning and deployment not only in Pakistan but internationally as well.
He further shared his vision about making Pakistan the number one human capital hub of the entire region and asked the Whale Cloud CEO to invest in the human capital of Pakistan to which both leaders agreed.
The CEO appraised the minister about the Cloud Now Conference which would take place on December 17, 2018. The minister appreciated the warm gesture and commitment of Whale Cloud and Ali Baba Group.