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JazzWorld And VEON Meet Finance And IT Ministers To Advance Pakistan’s Digital Economy With USD 1 Billion Investment Plan

  • March 31, 2026
Pakistan 5G Economy
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JazzWorld Chief Executive Officer Aamir Ibrahim, accompanied by VEON Group Chief Executive Officer Kaan Terzioglu and senior leadership from both organisations, held high-level meetings with Federal Minister for Finance Muhammad Aurangzeb and Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja in Islamabad, reaffirming their long-term commitment to Pakistan and advancing collaboration on the country’s digital growth agenda. The meetings come at a pivotal moment for Pakistan’s technology and telecommunications landscape, as the recently concluded spectrum auction and improving macroeconomic indicators create fresh conditions for large-scale digital investment.

In discussions with the Finance Minister, the delegation focused on Pakistan’s transition from economic stabilisation toward a growth-oriented phase, acknowledging the progress of ongoing reforms while highlighting the role of integrated digital platforms in expanding financial inclusion, formalising the economy, and enabling investment-led growth. The leadership underscored VEON and JazzWorld’s long-standing confidence in Pakistan, reflected in over USD 11 billion invested in digital infrastructure over three decades and contributions exceeding PKR 500 billion to the national exchequer over the past ten years. JazzWorld’s scale as an integrated digital ecosystem serving over 100 million users across connectivity, fintech through JazzCash and Mobilink Bank, and broader digital platforms was also highlighted as central to the country’s formalisation agenda. Kaan Terzioglu described Pakistan’s trajectory as both credible and well-timed, noting that digital scale would be central to sustaining economic momentum and expanding access to credit and formal financial services.

In the subsequent meeting with Minister Shaza Fatima Khawaja, the leadership appreciated the government’s progress on the Digital Pakistan agenda, including growth in information technology exports and the successful execution of the spectrum auction. Both sides emphasised the importance of sustained public-private collaboration to expand broadband access, accelerate digital inclusion, and support innovation and skills development, particularly given that a significant portion of Pakistan’s population remains outside meaningful broadband coverage. The recent acquisition of 190 megahertz of additional spectrum, valued at over USD 239 million, was cited as a key milestone that strengthens network capacity and enables the phased introduction of 5G services alongside continued 4G expansion for inclusion. JazzWorld and VEON also outlined plans to invest USD 1 billion over the next three years to expand connectivity, modernise infrastructure, and scale digital platforms, reinforcing what both organisations described as an enduring commitment to Pakistan’s long-term digital and economic future.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

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Related Topics
  • Aamir Ibrahim
  • broadband Pakistan
  • Digital Pakistan
  • financial inclusion
  • Jazz 5G
  • JazzCash
  • JazzWorld
  • Kaan Terzioglu
  • Mobilink Bank
  • Muhammad Aurangzeb
  • Pakistan telecom investment
  • Shaza Fatima Khawaja
  • VEON
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