The Federal Minister for Planning Development & Special Initiatives Ahsan Iqbal has said that Pakistan is greatly benefiting from infrastructure development under the multi-billion dollars China Pakistan Economic Corridor (CPEC) project.
In his address at the panel discussion titled: “Industrialization & Digital Era Connectivity,” organized by the China International Development Cooperation Agency in Beijing on Monday, the minister termed digital economy as vital to ensure sustainable development of the Country.
The minister said that industrialization and digital-era connectivity have transformed the world as both have brought unprecedented opportunities for progress, economic growth, and global connectivity.
However, he emphasized the harmonization in digital policies and standards by stronger collaboration through multilateral forums.
Fed Minister Ahsan Iqbal highlights the impact of digital & industrial revolution at the #GlobalForum‘s Industrialization & Digital Panel. The digital revolution has transformed communication systems, paving the way for faster & efficient exchange of information globally#CPEC10Y pic.twitter.com/UowmKOvqUF
— Ministry of Planning and Development (@PlanComPakistan) July 10, 2023
Ahsan Iqbal said that the combination of industrialization and digital connectivity has opened up new avenues for innovation and entrepreneurship. The startups and small businesses can leverage digital platforms and technologies to reach global markets and disrupt traditional industries.
The federal minister highlighted the key initiatives taken by the government in the field including the establishment of National Centers in Artificial Intelligence, Cyber security, automation & Robotics, Big Data & Cloud Computing, Quantum Computing and Nanotechnology.
