Islamabad: Pakistan is witnessing a resurgence in investor confidence, led by domestic investors and followed by global capital, according to Finance Minister’s Advisor Khurram Schehzad. The country’s recent 5G spectrum auction attracted approximately $500 million in investment, illustrating robust international interest in Pakistan’s digital economy.

According to Radio Pakistan, this development accompanies the significant $645 million privatization of Pakistan International Airlines (PIA), representing a major commitment by domestic investors. These transactions reflect a growing confidence in Pakistan’s reform trajectory, with the PIA deal enhancing aviation connectivity and the 5G auction promoting digital connectivity, technology innovation, and expanded internet services.

Schehzad noted that Jazz, part of the VEON Group and one of the successful bidders in the 5G auction, plans to invest an additional $1 billion in Pakistan over the next three years. This investment aims to expand digital infrastructure and support the country’s technology ecosystem.

The recent developments indicate a re-emerging investment narrative for Pakistan, driven by domestic investor confidence and backed by global investors seeking long-term growth opportunities in the region.