The Pakistani government has moved to allocating 2,000 megawatts (MW) of electricity in the first phase of its national plan to support Bitcoin mining and artificial intelligence (AI) data centres.
According to Pakistan’s finance minister, Mohammed Auranzeb, this is the first important step towards the country’s digital economy. He said, “This allocation of power is not just about cryptography and AI, it’s about shaping the digital future of the country.”
The minister added that excessive electricity will be available to use as a “national income source.”
The financial statement is Leadership, It is supported by the Pakistan Crypto Council, a government support agency, and follows a wide range of strategies to create high-tech jobs, attract billions of dollars in foreign direct investment, and generate billions of government revenues.
PCC CEO Bilal Bin Saqib said, “This energy-supported digital transformation will not only unlock high-value investments, but also enable the government to generate forex in the US dollar through Bitcoin mining.”
The statement added that Pakistan will become a “global hub of data centres” as it is economically and geographically a digital bridge between the Middle East, Europe and Asia.
Pakistan government introduces tax incentives
Sources close to the ministry said the government could soon introduce tax exemptions to boost the development of blockchain infrastructure and AI. These incentives may include income tax relief and import duties for businesses investing in data centers.
The government has also revealed plans to develop renewable energy-powered data centres in the next phase. Authorities have already confirmed that the new African two submarine Sable Project will increase the country’s internet connection.
The submarine cable links 46 landing stations to 33 countries in Africa, South Asia and the Middle East. It is expected to increase the country’s bandwidth, add backup routes, and reduce latency. All of these are essential for rel=”nofollow noopener” target=”_blank”.Meeting, Saqib highlighted the important role Young Pakistanis play in this shift. He said, “The Crypto Council of Pakistan exists to demand young people sit at the global technology table. We are building for a generation that we see as an opportunity for digital finance, decentralization and AI to lead, innovate and uplift the country.”
Saqib then explained to the Secretary of the Army about the Council’s recent activities. He noted a visit by the world’s Liberty Financial Delegation and founder of Vinanence, Changpen Zao. He also spoke about ongoing consultations to shape regulations and partnerships aimed at building digital skills and increasing the country’s status on the world stage.
Trump’s World Liberty Financial (WLF) has also signed a letter of intent with the Pakistan Crypto Council. The goal is to speed up blockchain projects, the use of stubcoin and wider Defi adoption in Pakistan.
