September 09, 2022 (MLN): Jazz’s investment in Pakistan has crossed $10.3 billion mark including around $1 billion in the last four years alone on network expansion and upgradation,” Federal Minster for Information Technology & Telecom Syed Amin-Ul-Haque said in a meeting with Chief Executive Officer of VEON Group Kaan Terzioglu.
He said that government was providing maximum support to the telecom sector for its growth as Pakistan was an investment friendly country.
EXOR representative and CEO of Jazz, Aamir Ibrahim was also present in the meeting which discussed matters related to the telecom sector, import of essential telecom equipment and investment opportunities. The IT minister was also briefed on connectivity status in flood effected areas, said a news release.
Amin told the delegation that there were vast investment opportunities in the fields of e-health, e-education, e-agriculture and e-commerce.
“Healthy competition in the Telecom Sector is essential for providing better connectivity to consumers,” he said vowing to resolve the issues of the sector on priority.
He said the telecom committee had made recommendations regarding the problems it was facing and submitted them to Prime Minister Advisory Council on IT & Telecom.
VEON Group CEO Kaan Terzioglu and Jazz CEO Aamir Ibrahim apprised the minister about Jazz’s investment in Pakistan.
They also reiterated that a healthy and stable telecom sector, the foundation of a country’s digital ecosystem, fueled virtually all sectors of the economy, and was a prerequisite for consistent improvement in service quality for users.
Stable policies and enabling regulatory framework would help the country in attracting further investments in its critical digital infrastructure and services portfolio, they said.
