Pakistan Has Potential to Become Regional Technology Hub, Says SECP Chairman

Pakistan has the potential to emerge as a major regional hub for technology services, digital solutions, and global IT delivery, Securities and Exchange Commission of Pakistan (SECP) Chairman Dr. Kabir Ahmed Sidhu has said.

His remarks came while welcoming the expansion of US-based technology company MOBIZ in Pakistan through the establishment of its regional office at NASTP Silicon 1 in Karachi.

Dr. Sidhu said Pakistan’s growing pool of young technology professionals, combined with continued digitalization and regulatory reform, could help strengthen the country’s position in the global technology economy.

MOBIZ is a Pakistani-owned technology company based in Silicon Valley in the United States. The company provides services in cloud computing, data, artificial intelligence, and cybersecurity across multiple international markets.

The SECP chairman said the expansion of international technology companies in Pakistan reflects growing confidence in the country’s skilled workforce and the broader potential of its digital ecosystem.

Digitalization Seen as Key to Competitiveness

Dr. Sidhu said Pakistan’s economic competitiveness will increasingly depend on how effectively it adopts digitalization, innovation, and technology-led business models.

He said the SECP is working to create a more transparent, efficient, and technology-enabled regulatory environment that supports enterprise, investment, and innovation.

The regulator is also simplifying and modernizing frameworks across the corporate sector, capital markets, insurance, non-bank financial services, and corporate debt markets, while aligning them with international standards and emerging business needs.

According to Dr. Sidhu, wider use of technology can reduce the time and cost of doing business, improve transparency and compliance, facilitate investment, and help companies scale more efficiently.

He added that the SECP aims to make regulatory interaction increasingly digital, seamless, and business-friendly while maintaining strong standards of governance and investor protection.

Pakistan’s IT Talent Can Support Global Growth

Dr. Sidhu said Pakistan’s young population and expanding technology workforce provide a strong foundation for future growth.

He noted that creating quality employment and connecting Pakistani professionals with international markets will be critical to converting the country’s demographic strength into sustainable economic growth.

MOBIZ currently has more than 170 professionals across four continents, with capabilities spanning cloud, data, artificial intelligence, and cybersecurity.

The company’s growing presence in Pakistan, he said, reflects the opportunities available in the country’s technology sector and could help create new employment and international work opportunities for local professionals.

Dr. Sidhu congratulated MOBIZ and its leadership on the launch of the Karachi office and expressed hope that the company would continue expanding its operations in Pakistan.

The development comes as Pakistan seeks to strengthen its position in the global IT and services market, with policymakers increasingly focusing on digital transformation, regulatory modernization, and technology-driven investment.

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