AGL 34.30 Increased By ▲ 1.20 (3.63%)
AIRLINK 129.50 Increased By ▲ 0.10 (0.08%)
BOP 5.14 Increased By ▲ 0.07 (1.38%)
CNERGY 3.85 Increased By ▲ 0.01 (0.26%)
DCL 8.00 Decreased By ▼ -0.01 (-0.12%)
DFML 47.60 Decreased By ▼ -0.44 (-0.92%)
DGKC 74.38 Increased By ▲ 0.09 (0.12%)
FCCL 25.35 Increased By ▲ 0.10 (0.4%)
FFBL 46.90 Increased By ▲ 0.34 (0.73%)
FFL 8.74 Increased By ▲ 0.03 (0.34%)
HUBC 120.80 Decreased By ▼ -2.40 (-1.95%)
HUMNL 10.24 Increased By ▲ 0.24 (2.4%)
KEL 3.84 Increased By ▲ 0.01 (0.26%)
KOSM 8.20 Decreased By ▼ -0.05 (-0.61%)
MLCF 32.48 Decreased By ▼ -0.02 (-0.06%)
NBP 59.76 Decreased By ▼ -0.27 (-0.45%)
OGDC 143.15 Decreased By ▼ -0.15 (-0.1%)
PAEL 25.28 Decreased By ▼ -0.17 (-0.67%)
PIBTL 5.87 Increased By ▲ 0.03 (0.51%)
PPL 107.80 No Change ▼ 0.00 (0%)
PRL 24.04 Decreased By ▼ -0.07 (-0.29%)
PTC 11.75 Increased By ▲ 0.19 (1.64%)
SEARL 58.30 Increased By ▲ 0.10 (0.17%)
TELE 7.25 No Change ▼ 0.00 (0%)
TOMCL 40.84 Decreased By ▼ -0.02 (-0.05%)
TPLP 7.30 Decreased By ▼ -0.10 (-1.35%)
TREET 15.08 Increased By ▲ 0.19 (1.28%)
TRG 54.25 Decreased By ▼ -0.50 (-0.91%)
UNITY 26.20 Decreased By ▼ -0.40 (-1.5%)
WTL 1.23 No Change ▼ 0.00 (0%)
BR100 8,542 Decreased By -19.8 (-0.23%)
BR30 25,707 Decreased By -129.5 (-0.5%)
KSE100 81,399 Decreased By -258.9 (-0.32%)
KSE30 25,754 Decreased By -120.8 (-0.47%)

ISLAMABAD: Mari Petroleum Company Limited (MPCL) is set to expand its horizons by investing in the establishment of data centres, cloud computing, artificial intelligence and related technology ventures.

This strategic initiative aligns with Pakistan’s vision for a digitally-empowered economy and will leverage cutting-edge technologies to drive digital transformation across multiple industries, significantly enhance Pakistan’s data infrastructure, stimulate economic growth, and create employment opportunities for highly skilled workforce in this sector.

The MPCL in collaboration with its partners will lead this expansion by developing Tier-III/Tier-IV certified, purpose-built data centres across Pakistan to meet the data management and processing needs for wide range of public and private institutions.

These data centres will provide co-location services, and also deliver comprehensive cloud services, addressing the evolving requirements of businesses across different sectors.

The project launch ceremony was held in Karachi and was attended by key stakeholders and prominent corporate leaders.

This initiative is expected to pave the way for creating a secure and efficient infrastructure for data storage and processing, adhering to principles of data localisation and sovereignty, while promoting environmentally sustainable practices.

This initiative represents a significant milestone in the MPCL’s journey, further solidifying its position as a leader in both the energy and technology sectors in Pakistan.

Copyright Business Recorder, 2024

Comments

200 characters