Tech pioneers back technological transformation

The Special Technology Zones Authority (STZA) of Pakistan, and Shenyang Economic and Technological Development Area (SEDA) of China have signed a letter of intent to create a world-class technology ecosystem, a statement said.

Considering the recent developments in technological agreements, Pakistan’s recent interest in developing its technological future is being acknowledged by countries such as China, Korea and Iran.

TPL Trakker Chief Executive Officer Sarwar Khan said that technological transformations are becoming increasingly important in Pakistan’s socioeconomic and sociotechnical development.

“We look forward to these innovations making a significant impact on not just our industries but also on the overall infrastructure,” he added.

This stance supports the establishment of an internal framework in all sectors requiring digitalisation. In terms of knowledge exchange and investment opportunities, the real estate sector is witnessing digital growth.

DAO PropTech Chief Vision Officer Jawad Nayyar said that a technology-led transformation is all but ready for takeoff in Pakistan with many companies honing some of the latest technologies available in today’s world.

“We believe that using such technologies, the industries of Pakistan, especially the real estate industry, can become wholly socioeconomically inclusive, catering to not only the select few, but empowering the masses in general,” he added.

The government’s stance towards technological agreements and exchange of knowledge has been witnessed in the last few months.

President Dr Arif Alvi has called for further enhancing the quantum of bilateral trade and investment between Pakistan and the Republic of Korea with ICT-based modern technologies as one of many sectors he had emphasised on.

Recently Pakistan Iran Joint Economic Commission (JEC) talks have been held in both the countries, for the promotion of mutual trade between the two countries.

Industry experts are optimistic that all these trade interests and exchange of knowledge would eventually bear fruit and that TPL was focused on adding value to develop a world-class technology ecosystem in Pakistan, creating jobs and eventually empowering the youth based on a technology-led economic transformation.