Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday expressed confidence that Quantum Valley Pakistan would open new pathways for the country’s youth, startups and high-tech businesses while strengthening Pakistan’s transition towards a knowledge and technology-driven economy. Addressing the launching ceremony of Quantum Valley Pakistan: “Shaping Pakistan’s Innovation & Technology Future,” the minister said the initiative marked the beginning of a new direction for Pakistan and would connect Pakistani youth with global centres of innovation and technology.
“Today is not merely the inauguration of a project; it marks the beginning of a new direction for Pakistan’s future,” he said, describing the launch as a proud moment for the country.
The ceremony was attended by Tim Rowe, CEO of Cambridge Innovation Center (CIC); Dougan Sherwood, Partner at CIC; and Seena Amidi, Managing Partner at Plug and Play.
Ahsan Iqbal said the centre of power in the 21st century was no longer physical strength but intellectual and creative capability, adding that countries with the best ideas and the ability to transform those ideas into products would advance in the global economy.
He said nearly 60 percent of Pakistan’s population comprised young people, describing the country’s youth as second to none in talent and potential. “We have to bring together the capabilities of our youth and move forward with the spirit of Team Pakistan,” he said.
The minister said Quantum Valley Pakistan would provide a platform to connect Pakistani youth with global technology and innovation hubs and bring different stakeholders together within a modern technology ecosystem.
He added that the initiative would create new opportunities for startups and promote high-tech businesses in Pakistan. During the ceremony, two agreements were signed to strengthen technological collaboration and support the country’s innovation ecosystem.
The first agreement was signed between Cambridge Innovation Center and Quantum Valley Pakistan, while the second was signed between Plug and Play and Quantum Valley Pakistan. —APP
