Connect with us

Pakistan

CBD NSIT City: Driving Pakistan’s digital transformation forward

Published

on

 A Bold Vision for Digital Pakistan

LAHORE – In the vibrant heart of Lahore, where heritage intersects with ambition, a new chapter in Pakistan’s digital story is unfolding. The Central Business District (CBD) NSIT City, envisioned as the country’s largest IT park, stands as a symbol of Pakistan’s digital aspirations.

More than an infrastructure project, it represents a strategic shift toward positioning the nation as a serious player in the global technology economy, but turning that vision into reality will demand more than ambition; it will require consistent execution, inclusivity, and sustained political and economic will.

Building Pakistan’s Innovation Hub

Backed by the Punjab government, CBD NSIT City is being developed as a modern, technology-driven hub equipped with office towers, incubation centers, residential spaces, and advanced digital connectivity. It seeks to attract both local innovators and foreign investors, aligning with Pakistan’s broader goal of moving from a consumption-driven economy to one based on innovation, tech exports, and knowledge creation.

The timing is significant. Pakistan’s digital economy is gaining momentum, with IT exports reaching $2.6 billion in 2022–2023. With 64% of the population under 30 and more than 600,000 active freelancers, the country ranks as the world’s third-largest freelance market. Lahore, already home to promising startups like Bykea and Finja, is well placed to emerge as a regional innovation hub. CBD NSIT City could serve as the platform that helps transform that potential into long-term progress.

Bridging Infrastructure and Opportunity

For that to happen, however, the project must deliver more than physical infrastructure. It needs dependable energy, efficient regulations, and a business-friendly ecosystem the ingredients that have fueled global success stories like Bangalore and Shenzhen.

Yet, the road ahead is not without obstacles. Pakistan’s major infrastructure projects have often suffered from bureaucratic inefficiencies, cost overruns, and delays. Without transparent governance and technocratic oversight, even the most visionary initiatives risk stagnation.

Talent retention is another key challenge. With over 65% of young Pakistanis expressing a desire to move abroad, the country must invest in better pay scales, digital skills training, and career growth opportunities to retain its brightest minds and strengthen the local IT industry.

Sustaining Investor Confidence

Attracting sustained foreign investment will be equally critical in Pakistan’s volatile economic environment. Policy consistency, investor protection, and regulatory clarity will be essential to building and maintaining global confidence.

What makes CBD NSIT City particularly promising is its location and timing. Integrated into Lahore’s urban core, it is designed to foster collaboration between startups, academia, and investors, a dynamic ecosystem model that has driven innovation across global tech capitals.

A Defining Moment for the Future

Beyond technology and infrastructure, the project’s true potential lies in its ability to inspire trust in governance, in local talent, and in Pakistan’s ability to deliver on its promises. If approached with transparency, inclusivity, and sustained focus, CBD NSIT City could become more than a development milestone; it could serve as the cornerstone of Pakistan’s digital transformation.

Lahore has always been a city of ideas, energy, and reinvention. With the right leadership and policy continuity, CBD NSIT City can channel that spirit into something lasting a thriving, connected, and forward-looking digital Pakistan.

 

Pakistan

NA allows PTA taxes on imported phones to be paid in instalments

Published

on

LAHORE – The National Assembly has approved a provision in the Finance Bill 2026-27 allowing individuals to pay taxes on imported mobile phones in instalments, a move aimed at reducing the upfront cost of device registration.

Under the new measure, consumers registering imported smartphones through the Pakistan Telecommunication Authority’s (PTA) Device Identification, Registration and Blocking System (DIRBS) will be permitted to clear applicable taxes through a government-prescribed instalment plan.

The legislation stipulates that all instalments must be paid within the same financial year in which the device is imported.

The facility will be available for both new and used imported mobile phones and is set to take effect from July 1, 2026, following the enforcement of the Finance Act 2026-27.

The government is expected to issue separate notifications outlining the payment procedure, eligibility requirements and other operational details.

Continue Reading

Pakistan

Pakistan electricity system ‘operating beyond recorded solar capacity’: Report

Published

on

ISLAMABAD – Pakistan’s electricity sector is facing a significant data gap in rooftop solar adoption, with actual installed capacity estimated to be nearly twice the officially documented figures, according to a new report.

A joint study by HeraldX and Renewables First, titled “The Uncounted Gigawatts: Distributed Solar Mapping and Grid Impact Analysis in Pakistan”, uses artificial intelligence and power system modelling to evaluate the scale and operational impact of distributed solar generation.

The report estimates that national rooftop and distributed solar capacity stands at around 38 gigawatts, significantly higher than what is reflected in official datasets.

In Lahore, the AI model identified 177MW of rooftop solar capacity compared to an official estimate of 95MW, pointing to substantial gaps in reporting and registration, particularly for systems outside or partially outside net-metering frameworks.

The study notes that this unrecorded capacity is already influencing grid behaviour, despite remaining largely invisible to planners and distribution companies.

Using PSS/E simulation software, researchers compared grid performance under recorded and actual solar penetration levels, finding increased reverse power flows and a rise in transformer loading from 34 per cent to 76 per cent during daytime conditions.

Voltage levels were also found to exceed Grid Code 2023 compliance thresholds under both scenarios, indicating mounting stress on distribution infrastructure.

The report further states that while a simulated 10MW battery energy storage system helped improve voltage stability and reduce reverse flows, it also led to power factor deterioration in lower solar penetration conditions, suggesting storage alone cannot address the challenge.

According to the researchers, the AI model was trained on Pakistan-specific rooftop imagery to improve accuracy, unlike generic international datasets.

The report calls for urgent adoption of updated monitoring systems and planning tools, warning that the widening gap between recorded and actual solar capacity poses risks for distribution companies and grid operators.

Continue Reading

Pakistan

Public holidays declared for 9th and 10th Muharram across Pakistan: Details

Published

on

ISLAMABAD – The federal government has announced public holidays on June 25 and 26, 2026, on account of 9th and 10th Muharram-ul-Haram (Ashura), during which all government offices across the country will remain closed.

Prime Minister Shehbaz Sharif has approved the two-day holiday, following which the Cabinet Division issued a formal notification confirming the closure of public offices operating under both five-day and six-day work schedules.

The holidays will fall on Thursday and Friday, marking the observance of Ashura nationwide.

According to the notification, the decision has been taken in line with annual observances of Muharram, during which religious gatherings, processions and majalis are held across the country.

Authorities are finalising administrative and security arrangements to ensure law and order during the period, particularly in view of large processions and congregations in major cities and towns.

Ashura, observed on the 9th and 10th of Muharram, holds significant religious importance for Muslims and is commemorated every year in Pakistan with mourning processions and religious gatherings.

The notification confirms that the public holidays correspond to 9th and 10th Muharram 1448 Hijri.

Continue Reading

Trending

Copyright © 2026