Federal Minister of IT and Telecommunication, Syed Amin-Ul-Haque has said that Pakistan was an investment-friendly country and the government was providing full support to the Telecom Sector for its growth.

He was talking to Chief Executive Officer of VEON Group Kaan Terzioğlu, and EXOR representative and Chief Executive Officer of Jazz, Aamir Ibrahim here, according to a press release received by WealthPK.

Citing an example of the government’s support, the minister said Jazz’s investment in Pakistan had crossed $10.3 billion, including around $1 billion in the last four years alone on network expansion and upgradation.

The meeting discussed in detail matters related to the telecom sector, import of essential telecom equipment and investment opportunities in Pakistan. The federal minister of IT was also briefed on the connectivity status in the flood-affected areas.

Syed Amin-Ul-Haque said there were vast investment opportunities in the fields of e-health, e-education, e-agriculture and e-commerce. Healthy competition in the Telecom Sector was essential for providing better connectivity to consumers, and resolving issues of that sector were the top priority of the government.

The telecom committee had made recommendations regarding the problems faced by the telecom sector and submitted them to the Prime Minister Advisory Council on IT & Telecom, he added.

VEON Group CEO Kaan Terzioğlu and Jazz CEO Aamir Ibrahim apprised about Jazz’s investment in Pakistan. They said that a healthy and stable telecom sector was the foundation of a country’s digital ecosystem. It is a prerequisite for consistent improvement in service quality for users.

Stable policies and enabling regulatory framework will help the country in attracting further investments in its critical digital infrastructure and services portfolio, they said. Jazz, Jazz Cash and Mobilink Microfinance Bank remain committed to leveraging all opportunities to accelerate Digital Pakistan, the press release said.

Credit : Independent News Pakistan-WealthPk