Govt to facilitate investors, PM assures VEON chief

The government said on Wednesday that Pakistan was working under an effective and comprehensive strategy to adopt innovation in the information technology sector and to increase international investment.

Prime Minister Shehbaz Sharif and VEON Group CEO Kaan Terzioğlu, along with delegation, held a meeting today, said the Prime Minister’s Office (PMO).

The PM stated that the government was committed to providing all possible facilities to investors in the country’s digital operator industry.

He said that the recent successful auction of the 5G spectrum in Pakistan was proof of the country’s positive and effective direction toward innovation in this sector.

The premier emphasized that the federal government is taking practical steps, through coordination among all institutions, to facilitate and ease international investors.

Terzioğlu said that the PM Shehbaz had taken very effective measures to enhance transparency and investment across all sectors.

He also praised Pakistan for its rapid progress toward achieving a digital economy and conducting the 5G spectrum auction, calling it commendable.

Earlier, in a meeting with Finance Minister Muhammad Aurangzeb, Terzioglu, along with JazzWorld CEO Aamir Ibrahim, held discussions focused on Pakistan’s improving macroeconomic outlook and its transition from stabilisation to growth.

“Pakistan’s transition from stabilisation to growth is both credible and well-timed, and digital scale will be central to sustaining this momentum. There is a significant opportunity to expand financial inclusion, strengthen the formal economy, and support long-term, investment-led growth,” Terzioglu said.

In a separate company statement, Aamir Ibrahim was quoted as saying, “Pakistan is entering a new phase of digital growth, and continued collaboration between government and industry will be key to unlocking its full potential. Our sustained investments in connectivity and digital platforms, including the $1 billion commitment to support 5G rollout, reflect our confidence in Pakistan and our purpose of enabling a Better Life for All”.

Terzioğlu was of the view that sustained investment in connectivity and digital services, alongside efforts to attract global capital, could help accelerate adoption, strengthen competitiveness, and expand access to opportunity.