ISLAMABAD: Pakistan’s finance minister, Senator Muhammad Aurangzeb, has opened talks with telecom infrastructure providers and venture capital firms as the government reviews tax and investment policies to drive digital growth.
Senator Muhammad Aurangzeb chaired the meeting at the Finance Division, bringing together telecom infrastructure companies under TOWERCO Pakistan and leading venture capital firms. The discussion focused on taxation challenges, the investment climate, and long-term growth prospects.
Federal Minister for IT and Telecommunications Shaza Fatima Khawaja attended the session alongside the Chairman of the Federal Board of Revenue and the Chairman of the Securities and Exchange Commission of Pakistan. Senior officials from the Ministry of IT, Ignite, and other public sector bodies were also present, along with legal and regulatory advisers.
The delegation represented companies that build, own, and operate mobile network towers leased to telecom operators. Venture capital firms investing in Pakistan’s startup ecosystem and broader business landscape were also part of the discussions. Participants explained their business models and highlighted operational challenges, especially around infrastructure rollout and regulatory compliance.
Industry representatives proposed adjustments to the existing tax regime to encourage growth and unlock fresh investment. They linked these recommendations to stronger digital connectivity, better service delivery, and increased innovation-led economic activity.
Senator Muhammad Aurangzeb acknowledged the role telecom infrastructure plays in nationwide digital access. He also stressed the importance of venture capital in driving entrepreneurship, innovation, and job creation. He said predictable and transparent tax policies remain critical for attracting long-term investment.
The finance minister added that the government aims to support private sector-led growth in technology-driven sectors. While fiscal discipline matters, he said, policy must also enable business expansion and formalization.
The meeting concluded with an agreement to form a dedicated working group. Representatives from the Tax Policy Office and other stakeholders will review the proposals and develop actionable recommendations.
