Tag: Digital revolution

  • ‘Wapistani’: A new programme for Pakistanis wishing to return to the country

    ‘Wapistani’: A new programme for Pakistanis wishing to return to the country

    The Indus Valley Capital has announced the launch of a dedicated programme for returning Pakistani, known as Wapistani, at 021Disrupt 2020, an online conference by Nest I/O.

    This announcement was made by Aatif Awan, the Founder & Managing Partner at the Indus Valley Capital.

    Indus Valley Capital is an early stage venture capital fund investing in Pakistani startups. This fund has a well-established network that is deployed to help early stage startups build products that can be scaled to hundreds of millions.

    Awan explained that the Wapistani programme aims to make the move to Pakistan easier for Pakistanis who are returning to the country.

    Indus Valley Capital plans to bring back 200 Wapistanis within the next 2 years through this programme.

    Wapistani will help returning Pakistani in three main areas:

    1- Career: This program will help returning Pakistanis in making the right career decisions through personalized intros and connections with top startups looking for senior or specialized talent.

    2- Concierge: There will be dedicated resources to help returning Pakistanis with important life choices related to housing, children’s schooling and medical care.

    3- Community: This programme will build a network of Wapistanis, who are moving back to the country at the same time.

    Indus Valley Capital is targeting people in tech, who plan on moving back in the next 6 months.

  • Naya Pakistan: Optical fiber operationalised from Khunjerab to Islamabad

    Naya Pakistan: Optical fiber operationalised from Khunjerab to Islamabad

    China-Pakistan Economic Corridor (CPEC) Authority chairman and Special Assistant to the Prime Minister (SAPM) on Information and Broadcasting Lt Gen (r) Asim Saleem Bajwa has said that new optical fiber cable has been operationalised from Khunjerab to Islamabad.

    An optical fiber is a flexible, transparent fiber made by drawing glass or plastic to a diameter slightly thicker than that of a human hair. It is used most often as a means to transmit light between the two ends of the fiber and find wide usage in fiber-optic communications, where they permit transmission over longer distances and at higher bandwidths (data transfer rates) than electrical cables.

    In a tweet on Sunday, Bajwa said that in the next phase it will be laid from Islamabad to Karachi and Islamabad to Gwadar as part of the digital highway plan.

    He also said that foundation for the digital revolution project was being processed in conjunction with China.

    Earlier on Friday, the CPEC Authority chief said that the Kohala and Azad Pattan power projects would generate 8,000 jobs and an investment of $4 billion over the years.

    Pakistan and China have signed an agreement for the construction of these two projects as part of the CPEC project. With an investment of $1.5 billion, the Azad Pattan project will involve no fuel import, enabling the country to move towards cheaper and greener power generation while creating local job opportunities.