The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) today emphasised the substantial potential of CPEC 2.0 collaboration and the government’s proposed $1 billion Artificial Intelligence (AI) fund to significantly accelerate Pakistan’s transition towards a robust digital economy and future-ready growth. This dual focus is seen as pivotal for national development.
PCJCCI President Nazir Hussain described the AI fund as a timely and strategic initiative. He asserted that it could bolster governance frameworks, stimulate innovation, and create extensive opportunities for Pakistan”s youth, who comprise approximately 63% of the populace. Hussain underlined the necessity of integrating advanced technologies into national development strategies for achieving sustainable and inclusive economic expansion.
Brig. Mansoor Saeed Sheikh, Senior Vice President PCJCCI, stated that the overarching programme aims to establish a comprehensive, nationwide technological ecosystem. He highlighted that the introduction of AI education in federally administered schools, coupled with the provision of 1,000 fully funded PhD scholarships by 2030, would cultivate a strong knowledge base and foster research-driven advancement across the nation.
Salahuddin Hanif, Secretary General PCJCCI, added that the planned training of one million non-IT professionals in AI-related competencies would notably enhance productivity, improve livelihoods, and enable traditional sectors to adapt to contemporary technological demands. He observed that such initiatives are crucial for bridging the digital divide and ensuring broader participation in the burgeoning digital economy.
The PCJCCI President further pointed out that initiatives under CPEC 2.0 are closely aligned with Pakistan’s ‘Uraan Pakistan’ programme. This national endeavour focuses on boosting exports, ensuring affordable energy, enhancing operational efficiency, and promoting environmental sustainability. The synergy between these frameworks, he stressed, is expected to significantly strengthen Pakistan”s economic resilience and global competitiveness.
The PCJCCI reiterated its steadfast commitment to facilitating Pakistan-China collaboration in emerging technologies and innovation-driven sectors. The chamber encouraged public-private partnerships as a means to harness the full potential of AI and digital transformation for long-term economic prosperity.