
AI Giga Factories To Change Pakistan's Fate With Rapid Industrialization: Malik
Faizan Hashmi Published March 16, 2025 | 04:40 PM

LAHORE, (UrduPoint / Pakistan Point News - 16th Mar, 2025) Artificial Intelligence (AI) giga factories will change Pakistan destiny with rapid pace of industrialization by modernisation economy reducing dependency on traditional sectors, strengthen growth and create a dynamic digital ecosystem.
SAARC Chamber of Commerce and Industry's former president Iftikhar Ali Malik stated this while talking to reporters here Sunday. He added that AI giga factories hold the key to unlocking a new era of economic prosperity, making Pakistan a competitive player in the global AI-driven industrial landscape. Malik said, "The advent of AI-powered giga factories presents a transformative opportunity for Pakistan to leapfrog into a new era of industrial and economic growth. These large-scale, technology-driven manufacturing hubs, equipped with artificial intelligence, automation, and smart systems, could redefine productivity, efficiency, and competitiveness across sectors, positioning Pakistan as a key player in the global digital economy." AI giga factories, he asserted, can boost small and medium enterprises (SMEs) by providing access to advanced manufacturing and AI-driven tools. This would enable local businesses to scale up efficiently, foster entrepreneurship and innovation.
Iftikhar Ali Malik said, one of the key advantages of AI giga factories is their ability to optimize manufacturing processes, reducing costs and increasing output. With AI-driven automation, industries can significantly improve production quality while minimizing waste. This would not only enhance Pakistan’s export potential but also attract foreign investments, strengthening the country’s global trade position. Former SAARC-CCI president mentioned that AI giga factories would also create high-value jobs, particularly in fields like data science, robotics engineering, and software development, besides encouraging the development of a skilled workforce, positioning Pakistan as a hub for AI and technology-driven industries. These factories can revolutionize agriculture increasing crop yields and ensuring food security with smart irrigation. To harness this potential, he concluded, Pakistan needs strategic investments in AI research, infrastructure and digital policies, adding that public-private partnerships and international collaborations can accelerate the establishment of AI giga factories, ensuring sustainable economic growth.
Related Topics
Recent Stories

Crackdown at Motorway: 43 outlets inspected, substandard Items discarded

Governor Khyber Pakhtunkhwa, Faisal Karim Kundi congratulates Usman Wazir on st ..

Finance Minister chairs first meeting of socio-political committee

High Commissioner-Designate pledge to enhance Pakistan-South Africa relations

Sindh govt decided to regulate prices of branded goods sold at supermarkets

Zero tolerance on over speed & axle load on MWs: Aleem Khan

One injured in Ecuador quake, buildings damaged

SBP injects Rs 11.855 trillion in the market

India’s false flag tactics exposed: Junaid Chaudhry

South Punjab business community pledges full support to govt, forces

PDMA issues heatwave advisory across Khyber Pakhtunkhwa

4000-ton waste being removed on daily basis, says CEO MWMC
More Stories From Business
-
High Commissioner-Designate pledge to enhance Pakistan-South Africa relations
51 minutes ago -
SBP injects Rs 11.855 trillion in the market
51 minutes ago -
Rupee gains 09 paisas against US Dollar
1 hour ago -
PSX turns around to bullish trend, gains 449 points
1 hour ago -
Gold price decreases by Rs3, 300 per tola in Pakistan
2 hours ago -
IPAK group records 66% increase in its revenues
3 hours ago
-
Gold dip by Rs.3,300 to Rs.348,700 per tola
3 hours ago -
SMEDA partners with LSE, Chicago University on SME financing research
2 hours ago -
Commerce meets ‘UN Agri-Food’ delegation to advance nutrition, trade, GI- reforms
5 hours ago -
CDWP approves Rs101.053 bln seven development projects, refers major schemes to ECNEC
2 hours ago -
SECP launches dedicated facilitation desk for section 42 licensing applications
6 hours ago -
CCP engages with leading digital Platforms to address anti-competitive practices
2 hours ago