Pakistan, China ink 24 agreements to develop digital corridor for IT cooperation

This photograph taken on May 6, 2024 shows hearing-impaired youths attending a computer class at a school run by the charity Deaf Reach, a non-profit organisation working to empower disadvantaged deaf children and youths, in Lahore. (AFP/File)
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Updated 22 December 2025
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Pakistan, China ink 24 agreements to develop digital corridor for IT cooperation

  • Both countries sign one government-to-government, seven government-to-business and 16 business-to-business MoUs
  • Digital corridor will create new avenues for Pakistani tech companies, expand cooperation with China in ICT, says state media

ISLAMABAD: Pakistan and China have signed 24 agreements to develop a digital corridor aimed at enhancing information technology (IT) cooperation between the two states, state-run media reported on Monday. 

The memoranda of understanding between the two sides were signed in Beijing, according to the state-owned Associated Press of Pakistan (APP). 

The MoUs include one government-to-government, seven government-to-business and 16 business-to-business agreements.

“The initiative focuses on developing an innovative and pragmatic digital corridor to enhance cooperation in the IT industry,” APP reported. 

APP said the digital corridor will create new avenues for Pakistani tech companies and expand bilateral cooperation with China in the information and communication technology infrastructure development.

The development is in line with Pakistan’s recent efforts to boost IT exports and enhance digital cooperation with regional allies. 

In November, Pakistan highlighted the “Digital Silk Road” as the next major phase of the China–Pakistan Economic Corridor (CPEC) while proposing new technology partnerships with Beijing, including joint ventures in 5G/6G, hardware manufacturing and ICT components. 

Launched in 2015, CPEC is a multibillion-dollar connectivity program linking western China to the Arabian Sea. The initiative has historically focused on energy projects, highways, power plants and the Gwadar port, with committed investments estimated at around $60 billion. 

As the two countries enter CPEC’s second phase, cooperation is expanding beyond physical infrastructure into technology, digital governance, manufacturing and skills development.

The Digital Silk Road is Beijing’s framework for cross-border connectivity in fiber, cloud services, data routing, smart manufacturing and emerging technologies. It is increasingly positioned as the backbone of CPEC’s next stage. 


Pakistan Super League expands with two new cricket teams sold at record prices

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Pakistan Super League expands with two new cricket teams sold at record prices

  • Hyderabad and Sialkot franchises bought for a combine $12.75 million at PCB auction
  • US-based aviation and healthcare group, local real estate consortium among winning bids

ISLAMABAD: Hyderabad and Sialkot will join the eleventh edition of the Pakistan Super League (PSL) as its latest franchises after they were bought for record prices at an auction organized by the Pakistan Cricket Board (PCB) on Thursday. 

The PCB had shortlisted 10 bidders for the live auction held at Islamabad’s Jinnah Convention Center on Thursday evening. FKS, an aviation and health care conglomerate based in the US who also run the Chicago Kingsmen team, bought the Hyderabad franchise for a whopping Rs1.75 billion [$6.2 million]. 

The other winner was OZ Developers, a real estate consortium, which bought the Sialkot franchise for Rs1.85 billion [$6.55 million] at the auction. Both prices were the highest amount paid for a PSL franchise. 

“The New Era is here like never before,” the PCB wrote on social media platform X. 

“Hyderabad and Sialkot are the two new teams in #HBLPSL!“

Pakistan’s telecommunications giant Jazz and Inverex Group, a leading player in the solar energy sector, were also among the 10 qualified bidders. 

The PSL is Pakistan’s premier T20 cricket league which features a mix of local and international players. The league already has six city-based teams which include Karachi Kings, Multan Sultans, Lahore Qalandars, Islamabad United, Peshawar Zalmi and Quetta Gladiators. 

PCB will run the Multan Sultans team for the 11th edition before looking for a potential buyer. The previous owner of Multan Sultans, Ali Tareen, announced last month he was walking away from his ownership of the franchise. 

The decision came after a bitter public spat between Tareen and the PCB over how it managed the cricket league. 

The 11th edition of the league is set to begin from Mar. 26 while the final is expected to be played on May 3, as per the PCB’s schedule.