ISLAMABAD, OCT 3: The Special
Technology Zones Authority has invited Pakistan’s largest EdTech Start-up,
Extreme Commerce to be part of the technology revolution in the country. STZA
Chairman, Amer Hashmi in a recent meeting with Sunny Ali, the Founder of
Extreme Commerce.
A delegation of Extreme Commerce
led by Sunny Ali met the Chairman and the team of Special Technology Zones
Authority in the STZA Secretariat situated at the Prime Minister Secretariat,
Islamabad.
Amer Hashmi, Chairman, Special
Technology Zones Authority has said that the Government of Pakistan has
established the STZ Authority to position Pakistan as Asia’s Next Big
Technology Hub. He further said, we are on a mission to establish the knowledge
economy by introducing high-tech infrastructure and regulatory framework that
enables lightning paced growth in the technology sector.
He also briefed the delegation
that Pakistan has made unprecedented improvements in ease of doing business
according to the World Bank report 2020 due to the introduction and integration
of e-services at the national and provincial levels. This is a great
opportunity and time for setting up new tech-based businesses in Pakistan.
He further said that Pakistan has
improved in accelerated business climate reforms, whereas, over the last few
years, Pakistan has restructured the business climate enabling efficient
coordination among institutions and reducing red-tapism which has led to
significant improvements.
He briefed the Extreme Commerce
delegation that, In recognition of the crucial need to harness the
opportunities of the digital age, the Prime Minister has issued a mandate to
establish the Special Technology Zones Authority (STZA), which is ready to
provide legislative and institutional support for the development of the
national technology sector.
This body, under the Cabinet
Division of Government of Pakistan, will work to develop a technology-driven
knowledge ecosystem and encourage modern innovative solutions and futuristic
entrepreneurship.
Sunny Ali, Founder and Chief
Executive Officer of Extreme Commerce informed the STZA Chairman and his team
that, Extreme Commerce is Pakistan’s largest EdTech company and has surpassed
one million community membership, whereas more than 150,000 students are
enrolled and benefiting from the Video Boot Camp, which hosts the largest
number of online training resources in the region.
The founder Extreme Commerce said
that with the launch of Extreme Commerce Incubators across Pakistan’s eight
(08) cities, Extreme Commerce has the facility to host more than 2000 students
at a time in 12 cities of the country.
Sunny Ali also informed the STZA
that Extreme Commerce has plans to launch its own Freelancers University in
Pakistan and this has been initiated with the establishment of the Extreme
Commerce College (EC College). The EC College is being set up in partnership
with the leading higher education institutes in the United Kingdom, the Magna
Carta College, Oxford and Pearson.
Commerce is Pakistan’s first
EdTech start up with a sole focus on skills development and capacity building
within the ecommerce and digital arena. Founded in 2017, it is the largest
community of its kind in Pakistan, with well over 1,000,000 members to date and
with over 150+ courses and income streams to choose from.
Extreme Commerce (EC) estimates
that by 2025, the EC community will be 1.5 million strong, generating well over
$1 billion in inward remittance for Pakistan.
The STZA is developing Special
Technology Zones (STZs) across Pakistan, providing special incentives to
attract investors, builders, and technology companies to partner with the
government, and, also provide a one-window facilitation to local and
international companies in the STZs.
Ultimately, the Authority aims to
build knowledge ecosystems that will harness Pakistan’s IT potential and set
the country on the trajectory of an entrepreneurial, innovative, and
tech-driven future for shared prosperity & inclusive growth.
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