Page 71 - SAMENA Trends - June-July 2025

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Pakistan’s IT Exports Hit US$3.8 billion in FY 2024-25

Pakistan’s IT exports reached an all-time global challenges. Muhammad Umair substantial growth potential, with Mehwish
high of $3.8 billion in the financial year Nizam of P@SHA highlighted ongoing Salman Ali emphasizing the adoption of
2024-25, marking an 18% increase from collaboration between the government AI, cybersecurity, and the need for skilled
$3.2 billion the previous year, according to and industry to further boost IT exports talent and global partnerships. Khushnood
data released by the State Bank of Pakistan despite hurdles like delayed policy Aftab of FPCCI urged diversification into
(SBP). The IT and IT-enabled services sector implementations. Government initiatives hardware exports such as laptops and
is now the third-largest foreign exchange supporting exporters include allowing IT devices. The government has set ambitious
earner after textiles and rice, accounting firms to retain 50% of earnings in forex goals under the Uraan Pakistan vision,
for 45% of total services exports. Industry accounts, introducing cash rewards for top aiming to reach $5 billion in IT exports by
leaders praised the sector’s strong performers, and addressing tax reporting FY26 and $10 billion by FY29, reflecting
performance, noting its contribution challenges, which have encouraged greater growing confidence in the sector’s role in
to stabilizing the current account amid investment and innovation. Experts see Pakistan’s economic development.

PTCL, Ufone 4G Enter Landmark Partnership with TPL Corp

Pakistan’s largest telecommunication Ufone 4G, said, “PTCL Group is committed unlock new levels of operational capability
and digital services provider, PTCL to empowering Pakistani enterprises with through reliable, secure, and smart digital
Group (PTCL & Ufone 4G), has entered a future-ready ICT services. By leveraging our infrastructure. This alliance aligns with our
landmark partnership with TPL Corp, a tech extensive network, enterprise-grade Data strategic objective to lead the market with
conglomerate with investments across Centers, and managed services, we aim technology-first solutions, and we look
diversified industries. This collaboration to accelerate TPL Corp’s journey toward forward to a long and impact full journey
covers the deployment of Machine-to- greater efficiency and innovation. We are together.” The partnership reflects both
Machine (M2M) devices, secure Data proud to serve as their trusted technology organizations shared ambition to advance
Center hosting, and managed network partner.” Ali Jameel, CEO, TPL Corp, shared, Pakistan’s digital future by delivering smart,
connectivity across TPL Corp and its “At TPL, we continuously seek innovation secure, and scalable solutions that help
operating companies. The agreement was and efficiency in everything we do. transform industries and elevate national
signed by Asif Ahmed, Group Chief Business Partnering with PTCL Group allows us to competitiveness.
Solutions Officer (GCBSO), PTCL & Ufone
4G, and Ali Jameel, CEO, TPL Corp, during a
ceremony held at TPL Corp’s headquarters
in Karachi. Senior leadership from both
sides attended the event. Through this
alliance, PTCL Group will deliver integrated
technology solutions that support TPL
Corp’s operational scalability, strengthen
its digital infrastructure, and enable
smarter business operations nationwide.
Speaking at the signing, Asif Ahmed, Group
Chief Business Solutions Officer, PTCL &

Morocco Commits US$8 Billion to Expand 5G Network

Morocco is accelerating its digital national development. The plan focuses education, healthcare, industry, and smart
transformation with a bold $8 billion on rapidly expanding Morocco’s digital cities. By dedicating substantial resources
investment plan aimed at achieving 85% infrastructure to deliver high-speed 5G to 5G rollout, Morocco is positioning itself
5G network coverage across the kingdom access to the majority of its population as a regional leader in digital adoption,
by 2030. This ambitious commitment within five years. The initiative is expected leveraging advanced telecommunications
reflects the country’s strong resolve to to spur innovation, boost economic to enhance quality of life and drive
harness next-generation connectivity for growth, and improve key sectors such as sustainable development.

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