Published May 14, 2026 Updated a day ago
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ISLAMABAD: Pakistan on Wednesday launched the IBI Pakistan Digital Economy Headquarters in Islamabad, an integrated platform under the China-Pakistan Economic Corridor (CPEC) focused on trade facilitation, supply chain digitisation, and SME empowerment.
The initiative, established by Chinese industrial e-commerce giant IBI Guolian Gufan, will serve as a ‘Digital Silk Road’ and is expected to support more than USD 10 billion in potential trade with China.
Deputy Prime Minister (DPM) and Foreign Minister Ishaq Dar, while formally launching the initiative, described it as a powerful symbol of the enduring Pakistan-China partnership and a new chapter of digital collaboration. He said that the launch of the IBI headquarters marked a transformative milestone in the Pakistan-China all-weather strategic partnership.
Highlighting the federal government’s vision to establish Pakistan as a regional hub for digital innovation, DPM Dar said that the Pakistan-China partnership was transitioning from physical infrastructure, such as the Karakoram Highway and CPEC energy projects, toward “intelligent infrastructure,” AI, ICT, and digital connectivity.
“Today, our partnership with China is moving from roads to networks, from physical infrastructure to digital architecture, and both the nations are building a digital Silk Road today, beginning with the launch of the IBI headquarters in Islamabad,” the deputy prime minister said.
He told the gathering that under CPEC 2.0, cooperation was expanding beyond traditional sectors into digital transformation, smart cities, and climate resilience.
Sharing optimistic economic indicators, including a fall in inflation, rising GDP, and a decline in policy interest, he reaffirmed the government’s commitment to returning Pakistan to the roadmap of becoming a top-20 global economy.
With the world’s fifth-largest population and a rapidly growing youth demographic, Dar emphasised that Pakistan was no longer “waiting for its moment” but has reached a stage of immense IT potential and global competitiveness. He welcomed Beijing United Information Technology (IBI) to Pakistan, noting that its platform serving millions of enterprises across 100 industrial sectors in China reflected strong international confidence in Pakistan’s economy. He also hailed the efforts of Pakistan’s Ambassador to Beijing Khalil Hashmi for professionally facilitating B2B forums, noting that 30% of the $10 billion in MOUs signed during recent visits to China have already been translated into finalized projects.
Dar also announced that Prime Minister Shehbaz would undertake an official visit to China from May 23 to May 26, which would include a vibrant B2B business forum to further deepen commercial ties.
Speaking on the occasion, Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan stated that the initiative is not merely the launch of an office or institution, but a reflection of a new economic vision centered on digital transformation, innovation, investment, and long-term Pakistan-China cooperation.
He noted that despite regional and global challenges, Pakistan has consistently chosen the path of peace, stability, and engagement. Highlighting global economic trends, he said that the world economy is undergoing rapid transformation driven by artificial intelligence, e-commerce, automation, and digital connectivity. Countries that fail to embrace digitization risk being left behind in the global economy, while nations that innovate and adapt will emerge as future leaders.
He said the Government of Pakistan is undertaking wide-ranging reforms through the National Industrial Policy to revive industries, strengthen manufacturing, encourage value addition, and empower the private sector. He added that the National Tariff Policy is aimed at reducing the cost of doing business and creating a predictable, investor-friendly economic environment.
Haroon Akhtar Khan stated that under the Regulatory Guillotine reforms, unnecessary barriers are being removed, procedures are being simplified, and approvals are being digitized to replace bureaucratic delays with efficiency and facilitation.
He remarked that Pakistan is laying out “red carpets, not red tape” for investors and is focused on long-term structural transformation rather than temporary economic measures. He further said that China’s global leadership in technology, manufacturing, and innovation, combined with Pakistan’s strategic geography, youthful population, and reform-oriented policies, creates strong economic synergies and new opportunities for regional cooperation.
Federal Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja, said that Pakistan’s ongoing digital transformation under “CPEC 2.0” carries significant potential to expand the national economy through data-driven policymaking, digitisation, and growth in e-commerce.
She said the headquarters was a flagship bilateral initiative aimed at strengthening high-priority economic cooperation between Pakistan and China. Operating under the China-Pakistan Economic Corridor (CPEC) framework, it integrated trade facilitation, investment promotion, supply chain digitisation, SME empowerment, and policy dialogue under a unified execution platform.
The minister said discussions on the Digital Economy Headquarters began during the Prime Minister’s visit to China last year, where she first engaged with the IBI team.
She described the project’s completion as part of a “whole-of-government approach,” supported by the Special Investment Facilitation Council (SIFC), which she said has helped address longstanding administrative and operational bottlenecks.
Outlining the Digital Nation Pakistan Act, she said it was built on three pillars: digital economy, digital society, and digital governance, with the digital economy remaining the government’s top priority. She added that Pakistan’s Gross Domestic Product (GDP) exceeded USD400 billion, with nearly half of it still within the informal sector.
Citing industry estimates, she said digital transformation across sectors could add 5 to 7 percent to GDP by 2030, strengthening the case for accelerated digital adoption.
She highlighted Pakistan’s expanding digital ecosystem, including more than 250 million mobile subscribers and over 157 million mobile internet users, saying this provides a strong foundation for e-commerce growth.
In his address, Pakistani Ambassador to China Khalil Hashmi explained that if Amazon and Alibaba were the e-commerce giants of consumer goods, IBI was the e-commerce giant of industrial goods. He said that IBI was a Fortune 500 company listed on the Shanghai Stock Exchange.
Copyright Business Recorder, 2026