UAE plans to invest $200 million in establishment of cloud services in Pakistan

Govt also hopeful for $650 million investments in optic fiber and tech manufacturing

Islamabad: The United Arab Emirates (UAE) government is reportedly planning to invest $200 million in the establishment of cloud services in Pakistan.

Sources said that the government of Pakistan is expecting over one billion dollar in investment in the Information and Telecom Sector.

It was revealed that 4x data centers with appropriate backup sites will be established. The public cloud includes (government organizations, NTC, NADRA) and FBR, Private cloud (Banking, Telcoes, Educational Institutes, SMEs) Air gapped Tri services cloud and central analytics platform.

Similarly, the Ministry of IT and Telecom is also expecting a $400 million investment in National Optic Fiber infrastructure.

Under this, 75000 KM fiber network deployment demand exists including fiber deployment from Rawalpindi to Gwadar and Karachi.

Meanwhile, the government is also working to attract local and international companies to make upto $250 million investment in Manufacturing of Smart Devices (Localization and export).

Pakistan believes that it has skilled human capital for localization and domestic manufacturing and export proposition towards GCC Africa and Central Asia.

It is pertinent to note that companies in Pakistan are already assembling as well as exporting mobile phones and the Ministry of IT thinks that Pakistan can further manufacture indigenous phones.

In addition, the Ministry of IT and Special Technology zone authority has also been working on bringing up to $500 million Investments in seven special Technology Zones to be established in different cities of Pakistan.

As per details, Pakistan has offered GCC companies to use local talent for product development and other professional services.

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