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Quantum Valley Pakistan to open new pathways for youth, startups and high-tech businesses: Ahsan Iqbal

Business Recorder • • 1 min read

Quantum Valley Pakistan to open new pathways for youth, startups and high-tech businesses: Ahsan Iqbal

Business Recorder reported that Ahsan Iqbal, the federal minister for planning, said the Islamabad launch of Quantum Valley Pakistan opens a new chapter in technological progress, innovation and a knowledge-led economy. Speaking at the ceremony, he described the event as more than the opening of one project and called it a proud moment for the nation. He added that the initiative would help young Pakistanis connect with worldwide research and innovation networks.

Tim Rowe, chief executive of the Cambridge Innovation Center, Dougan Sherwood, a partner at the same institution, and Seena Amidi, managing partner at Plug and Play, attended the ceremony. Pacts were inked during the event, one linking the Cambridge Innovation Center with Quantum Valley Pakistan and the other tying Plug and Play to the same body. According to the report, both deals are meant to deepen technology cooperation and back the country's innovation system.

Iqbal called the agreements an important step toward giving young people modern skills and routes into innovation, entrepreneurship and high-tech business. He said the platform would bring stakeholders into one modern technology ecosystem and open new doors for startups and high-tech firms. He tied the initiative to the government's goal of lifting exports to $100 billion by 2035 and a $1 trillion economy by the same year.

At a glance

  • Ahsan Iqbal launched Quantum Valley Pakistan in Islamabad on Wednesday.
  • Two agreements link Quantum Valley Pakistan with Cambridge Innovation Center and Plug and Play.
  • The minister cited targets of $100 billion in exports and a $1 trillion economy by 2035.

Originally reported by Business Recorder

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