Gul Ahmed announces $230m data centre

Published
An employee walks through a data centre of Hewlett Packard Enterprise (HPE) inside its office building in Bengaluru, India, on May 29, 2026. — Reuters/File
An employee walks through a data centre of Hewlett Packard Enterprise (HPE) inside its office building in Bengaluru, India, on May 29, 2026. — Reuters/File

KARACHI: Quantum Global Data Centre (QGDC), a venture of the Gul Ahmed Energy Group, announced plans on Thursday to develop Pakistan’s largest Tier III data centre, which is expected to become operational in 2027 with an initial investment of $230 million, Bloomberg reported.

The project’s investment could rise to $600 million over the next three to four years.

The announcement came as QGDC signed a strategic partnership agreement with Huawei Pakistan to develop the facility and a science and technology park to support Pakistan’s digital transformation, according to the press release.

Speaking at the Q Summit, QGDC Chairman Danish Iqbal said that, although Pakistan was still in the early stages of AI adoption, it was already spending between $700m and $800m annually, warning that demand for computing power would rise sharply in the coming years.

“Right now, with this minimal AI, we haven’t even started,” he said. “For our economies to grow, we need to go to very high AI compute. And that compute, without data centres, we will not be able to do.” He warned that Pakistan could end up importing billions of dollars’ worth of computing capacity and data services if domestic infrastructure is not developed.

“We are at that stage that if we don’t take this chance right now, we will miss this boat,” Mr Iqbal said. “And this will be a very costly boat, which we will not be able to build.”

He said the country’s local demand for data centre capacity was already significant and would continue to increase as businesses, hospitals, educational institutions and digital services migrate to cloud-based systems.

Speakers at the summit argued that investment in digital infrastructure could have an outsized economic impact.

Published in Dawn, June 6th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

GB Assembly’s demand
Updated 21 Jul, 2026

GB Assembly’s demand

THE newly elected Gilgit-Baltistan Assembly last week adopted a unanimous resolution asking the centre to grant the...
Spain’s statement
21 Jul, 2026

Spain’s statement

IT was a one-sided affair for the most part. The FIFA World Cup 2026 concluded in the early hours of Monday for...
Slow death
21 Jul, 2026

Slow death

MANCHHAR Lake, which is situated at the foot of the Kirthar range, was once Pakistan’s largest freshwater body ...
Unmasking stability
Updated 20 Jul, 2026

Unmasking stability

THREE reports last Friday — a widening food trade gap, return to a current account deficit, and the government’s...
Flood data gap
20 Jul, 2026

Flood data gap

HAVING endured one of its worst floods last year — triggered by intense monsoons and compounded by sudden water...
Zero-dose alert
20 Jul, 2026

Zero-dose alert

ALTHOUGH Pakistan recently announced its first National Vaccine Policy, it will take time before the immunity gap ...