Pakistani startups win £668,000 GSMA grant

Published June 3, 2021
Federal Minister for IT Syed Aminul Haq said that that Ministry IT & Telecom 

lauded the efforts of the Global System for Mobile Communications Association for its efforts to bring revolutionary changes in the field of telecommunication in Pakistan. — AFP/File
Federal Minister for IT Syed Aminul Haq said that that Ministry IT & Telecom lauded the efforts of the Global System for Mobile Communications Association for its efforts to bring revolutionary changes in the field of telecommunication in Pakistan. — AFP/File

ISLAMABAD: The GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion announced three Pakistani startups as winners out of the 597 applications received from 44 countries.

The winning Pakistani startups — Vceela, Knowledge Platform and Orenda Pakistan — will receive a total grant of £668,000 (Rs146 million).

Addressing the occasion virtually, GSMA Head of Asia Pacific Julian Gorman said digital technologies are set to transform the way people live and work in Pakistan.

By 2023, the economic contribution of the mobile industry in Pakistan is expected to reach $24 billion, accounting for 6.6 per cent of GDP, he added. In an effort to stimulate this growth, Pakistan has recently moved forward with significant mobile services tax reforms.

“As we saw in the GSMA 2020 Digital Societies Report, which tracks the progress of 11 focus countries in Asia Pacific, Pakistan is advancing its societal, economic and digital ambition, as outlined in Digital Pakistan Vision,” Mr Gorman said.

The GSMA report on digital society index has tracked Pakistan in achieving one of the highest increases in its overall score.

Federal Minister for IT Syed Aminul Haq said that that Ministry IT & Telecom (MoITT) lauded the efforts of the Global System for Mobile Communications Association (GSMA) for its efforts to bring revolutionary changes in the field of telecommunication in Pakistan.

He informed about the reforms taken by the government in telecommunication sector in Pakistan that has facilitated the investors in broadband and the telephony sectors.

He said the “Right of Way Policy” has been implemented by the government, which was one of the demands of the telephony and internet service providers for the last 24 years.

Mr Haque added that steps were being taken to provide 3G and 4G services across the country and Corona pandemic has changed the economic and social map of the world and now the priorities have changed in many areas but information technology and telecommunication is a sector whose formula has not changed and its use and the trend has increased tremendously.

The IT minister said that it is a matter of pride for us that not only national but also international organisations are acknowledging the projects of the MoITT.

The World Economic Forum (WEF) ranked Pakistan among the best countries in terms of the affordability of ICT services.

Pakistan is ranked 4th in the Global Freelance industry, providing excellent technical resources in various technology fields.

“ITU has announced Pakistan’s National Incubation Centers ‘Ignite’ as one of the champion of projects of its environment category at World Summit on the Information Society Prizes 2021,” he added.

Published in Dawn, June 3rd, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...