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USF awards Rs 2 billion contract to Ufone for high-speed mobile broadband in Kech

04:37 PM | 2 Apr, 2021
USF awards Rs 2 billion contract to Ufone for high-speed mobile broadband in Kech

ISLAMABAD – The Universal Service Fund (USF) has awarded contract worth approximately Rs 2.07 billion to Ufone for providing High Speed Mobile Broadband services in Kech district of Balochistan province.

Federal Minister for Information Technology (IT) and Telecommunication, Syed Amin Ul Haque and Federal Minister for Defence Production, Zubaida Jalal witnessed the contract signing ceremony held at the USF office on Friday.

The contract was signed by Haaris Mahmood Chaudhary, CEO, USF with Nadeem Khan, Acting CEO & Group Chief Financial Officer, Ufone. Federal Secretary for IT and Telecommunication, Shoaib Ahmad Siddiqui and Chairman PTA, Maj. Gen (R) Amir Azeem Bajwa were also present at the ceremony. Sector Commander South, Brigadier Atif Bin Saeed and senior government officials from Turbat virtually attended the ceremony.

Chief Guest of the ceremony, Federal Minister for IT and Telecommunication, Syed Amin Ul Haque said: “In light of the Prime Minister’s vision of Digital Pakistan, the Ministry of IT and Telecommunication through USF has awarded yet another project for the socio-economic betterment of the people of Balochistan.

"Through the contract being awarded today, residents of Kech district will reap the benefits of High Speed Internet in a span of 12-18 months. It is our priority to ensure that Balochistan remains at the forefront of technology development as we continue to work towards building a robust Digital Pakistan," he added.

"The digital connectivity will open unprecedented new possibilities for the marginalized communities of Kech district; enhancing their ability to work and transact online and engage in the digital economy. I would pay my special gratitude to the Federal Minister of Defense Production, Ms. Zubaida Jalal who has played a significant role in highlighting the region for digital transformation and emphasizing on the importance of digital inclusion for the growth and prosperity of the youth,: Amin further said.

The Ministry of IT and Telecommunication through USF has contracted various development projects worth approximately PKR 7 Billion to provide High Speed Mobile Broadband services in districts of Chagai, Noshki, Bolan, Mastung, Panjgur, Gwadar, Ziarat, Jaffarabad and Pishin. These projects are expected to be completed within 12 to 18 months from the date of commencement. 

The Federal Minister for IT also said, “Today, in this regard, it is pertinent to highlight the progress of National Highways program. The Ministry of IT and Telecommunication through USF has initiated development projects worth approximately PKR 1.8 Billion to provide High Speed Mobile Broadband services to commuters on all National Highways in Balochistan, thereby covering a road segment of 1,780 km. NH 10 and NH 25 is 75 % completed whereas NH 50 and NH 70 are 50 % completed. Likewise, NH 25 and NH 65 are 25 % completed. All National Highway projects will be completed within the next 6 to 9 months”.

In Balochistan, the youth are benefiting from DG Skills and Virtual University’s education programs. So far, 25,000 youngsters have completed free licensing courses amongst others through DG Skills. Similarly, through Virtual University programs, offline centers have been established in 9 districts whereby thousands of students can access educational courses without any internet service. Four new software technology parks are being established in Quetta, Khuzdar, Turbat and Gwadar in Balochistan where in lieu of rent, the government will give a 25 % subsidy and other facilities. 

Federal Minister for IT shared that 3,500 students from Balochistan will be provided a 6 month paid internship with a monthly stipend of PKR 20,000. Other than this, new national incubation center campuses will be opened. With the help of Ignite, new projects for the youth in research and development will be initiated as well. Syed Amin Ul Haque stated that the people of Balochistan should not be disappointed as we are working very hard for the development of Balochistan. The Prime Minister is very clear in his vision that there is no national progress without progress in Balochistan. This is the reason whereby upon my instructions, Federal Secretary for IT and Telecommunication, Shoaib Ahmad Siddiqui and all attached departments working under our ministry undertook a tour to Quetta and apprised the Government of Balochistan regarding its development projects. 

While addressing the ceremony, Federal Minister for Defence Production, Zubaida Jalal thanked the Federal Minister for IT and Telecommunication, Syed Amin Ul Haque and said that the Ministry of IT’s development projects for the people of Balochistan are in line with the true spirit of Digital Pakistan and will play an important role in alleviating the marginalization of Balochistan and supporting the province to come at par with the developed world. She further said that I am sure that the development projects in Kech district will be completed timely and I assure you that the youth from these areas will be as capable in terms of skills, capabilities and digital proficiency as youngsters from urban cities. 

Sharing his thoughts at the ceremony, CEO USF, Haaris Mahmood Chaudhary said, “This project will benefit an unserved population of 0.34 Million, thereby covering an unserved area of 23,964 sq. km. of Kech district. Upon the directive of the Federal Minister for IT and Telecommunication, our focus on providing access and connectivity to the remote and far-flung areas of the country remains distinguished. In the last two years, USF has contracts projects worth over PKR 21 Billion. This project has been awarded to Ufone through a through an efficient and transparent competitive bidding process. We strive to empower the people of Balochistan and bring ease into their lives through these projects”.

Sharing his views at the ceremony, Group CFO and Acting CEO PTCL & Ufone, Nadeem Khan, said, "Ufone is dedicated to the cause of a Digital Pakistan. Our telecommunications projects in Balochistan are an attempt to make lives easier for the millions that are residing in the province. Through this project in the Kech district of Balochistan, we aim to provide telecom services to 306 muazas of the area. This dream would have never reached fruition without the support of USF, which has been devoted to the cause of providing connectivity in far-flung areas of Pakistan".

Senior officials of the IT Ministry, USF and Ufone were also present at the ceremony.

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Pakistani rupee remains stable against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee remained stable against the US dollar, and other currencies in the open market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar remained stable and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 8 December 2023

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.71
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal ‎QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan increase; Check out latest rates here

Gold price in Pakistan increased as the yellow metal witnessed an upward trend in the international market.

Gold Rates in Pakistan Today - 8 December 2023

On Friday, the price of a single tola of 24-karat gold stands at Rs217,400 and 10 grams of 24k gold costs Rs186,390.

Single tola of 22 Karat Gold costs Rs199,282, 21 karat rate for per tola is Rs190,225 and 18k gold rate is Rs163,050 each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Friday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (8 December 2023)

City Gold Silver
Lahore PKR 217,400 PKR 2,583
Karachi PKR 217,400 PKR 2,583
Islamabad PKR 217,400 PKR 2,583
Peshawar PKR 217,400 PKR 2,583
Quetta PKR 217,400 PKR 2,583
Sialkot PKR 217,400 PKR 2,583
Attock PKR 217,400 PKR 2,583
Gujranwala PKR 217,400 PKR 2,583
Jehlum PKR 217,400 PKR 2,583
Multan PKR 217,400 PKR 2,583
Bahawalpur PKR 217,400 PKR 2,583
Gujrat PKR 217,400 PKR 2,583
Nawabshah PKR 217,400 PKR 2,583
Chakwal PKR 217,400 PKR 2,583
Hyderabad PKR 217,400 PKR 2,583
Nowshehra PKR 217,400 PKR 2,583
Sargodha PKR 217,400 PKR 2,583
Faisalabad PKR 217,400 PKR 2,583
Mirpur PKR 217,400 PKR 2,583

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