Pakistan's digital economy is undergoing a significant transformation, according to Jazz CEO Amer Ibrahim's presentation at the World Economic Forum 2025 in Davos, Switzerland. During his address, Ibrahim outlined the country's expanding digital landscape and detailed upcoming infrastructure investments.
The telecommunications executive revealed that Pakistan's digital economy is projected to reach $75 billion, driven by investments in broadband infrastructure, fintech innovations, and artificial intelligence. This growth is supported by an IT sector that currently employs 300,000 professionals across 6,000 companies.
"Pakistan is at a crucial juncture in its digital transformation journey," Ibrahim stated during his WEF presentation. The IT sector is experiencing a 30% year-over-year growth rate and is expected to generate revenues of $3.6 billion by 2029.
To support this digital expansion, Jazz has committed to investing $250 million over the next two years to extend fiber optic connectivity nationwide. This infrastructure initiative aims to provide high-speed internet access to millions of households and businesses, facilitating growth in e-commerce, remote work, and e-governance solutions.
The digital payments sector is anticipated to process transactions worth $50 billion by 2026, according to Ibrahim's projections. JazzCash, the company's digital payment platform, is working to integrate small businesses, merchants, and individuals into the digital economy with enhanced security measures.
The widespread adoption of smartphones, coupled with government initiatives, is creating a foundation for an inclusive digital economy. The current IT workforce of 300,000 professionals across 6,000 companies represents a significant milestone in the sector's development.
Ibrahim emphasized the role of digital financial inclusion in the country's economic roadmap, highlighting how digital infrastructure improvements could enhance access to financial services and promote economic participation across various segments of society.
The presentation at Davos showcased Pakistan's progress in digital transformation while outlining the challenges and opportunities that lie ahead in achieving these ambitious digital economy targets.
