Islamabad: Interest from global companies in promoting the digital economy in Pakistan is steadily increasing, as technology-driven development gains new momentum. In a significant move, Jazz and VEON have announced a one-billion-dollar investment plan aimed at expanding connectivity and digital infrastructure across the country.

According to Radio Pakistan, the leadership of Jazz and VEON met with Minister for Finance Muhammad Aurangzeb to present their investment strategy, which will be implemented over the next three years. VEON has a long-standing presence in Pakistan, having invested more than eleven billion dollars over the past three decades and contributed over five hundred billion rupees to the national exchequer.

The investment plan also includes the addition of 190 MHz spectrum, which has already strengthened the network and paved the way for advanced digital services, including the rollout of 5G. This progress is anticipated to enhance financial inclusion, expand the formal economy, and support investment-driven economic growth in Pakistan.