Digital infrastructure, regional connectivity Pakistan, ADB agree to advance joint investments

ISLAMABAD: Federal Minister for IT and Telecommunication Shaza Fatima Khawaja and Asian Development Bank (ADB) President Masato Kanda on Wednesday held a high-level meeting in Bishkek, agreeing to advance joint investments in national digital infrastructure, regional connectivity, and next-generation technology initiatives.

During the meeting, the Minister outlined Pakistan’s Digital Nation Vision and proposed collaborative models for investment in data centres, backbone networks, and national fiberization. She emphasized Pakistan’s readiness to become a regional digital gateway through the CAREC Digital Corridor, urging stronger regional cooperation to enhance digital trade and cross-border connectivity.

The Minister also discussed adopting a Results-Based Financing model with ADB to accelerate digital reforms and public-sector transformation. Pakistan proposed a joint funding mechanism for high-impact AI and digital innovation use cases, alongside technical assistance for pilot projects in fintech, agritech, healthtech, and artificial intelligence.

Shaza Fatima Khawaja is currently on a two-day official visit to Kyrgyzstan, following engagements in Azerbaijan. She will also participate in the B2B MoU signing ceremony between Pakistani companies and CAREC member states, attend the opening session of the CAREC Ministerial Conference, and present Pakistan’s position in a key session on soft infrastructure and digital connectivity.

Her engagements aim to strengthen regional cooperation, expand investment opportunities, and position Pakistan as a central digital hub within the CAREC region.

Copyright Business Recorder, 2025