Islamabad
\nPresident Dr. Arif Alvi, while welcoming the organizers of a two-day esports event in Islamabad on saturday, said the tournament would involve Pakistani youth and would bring further investments in the country in future.
\nIn his virtual message at the opening of the esports tournament organized by Galaxy Racer here, Arif Alvi said, \u201cI am glad that the investment is taking place in the special technology zone and the fact that this investment is in the fastest growing industry of video gaming.\u201d
\nHe congratulated the patron of Galaxy Racer Sheikh Ahmed Al Maktoum and his entire team for their launch event in Pakistan.
\n\u201cThis investment will harbinger a new era of cooperation between the United Arab Emirates and Pakistan.\u201d he added.
\nThe President thanked Sheikh Ahmed Al Maktoum for his special interest in Pakistan.
\nHe noted that there was a youth bulge in Pakistan and such esports events could be highlighted and started in Pakistan with tremendous youth involvement.
\n\u201cI am happy that the Galaxy racing event and subsequent events will be later generated in Pakistan. There is talent in Pakistan for software writing and esports development.\u201d president said.
\n\u201cOur colleges, universities and our government are working hard to make sure that Pakistan is able to supply software resources to the entire world. There is a tremendous need for this software talent within Pakistan and even throughout the world.\u201d He further said.
\n\u201cEverywhere I visited over the last few years the governments have been requesting Pakistan to support human resource development in their countries.\u201d He said.
\nHe observed that the Special Technology Zone Authority chaired by Amir Hashmi was a very good platform to invite investments.
\n\u201cI made a special effort when I was in Dubai to request investors to look in this area as there is a ten-year holiday from income tax, customs and duties.\u201d
\nHe said, \u201cAll the special technology zones are the areas where investment in information technology can take place besides investments in brick and mortar.\u201d
\nPresident Alvi remarked that virtual reality was an important part of artificial intelligence in future.
\n\u201cThe chips made for virtual reality were the basic foundations for the mathematical calculations which were needed for neural networks and artificial intelligence,\u201d he explained.
\n\u201cThe gaming chips in fact led to the ability to have tremendously broad and extensive neural networks through which artificial intelligence are taking over the world.\u201d
\nHe thanked the investors and artist Fakhar Alam \u2013 a great link and proponent of Pakistan throughout the world, for organizing the mega event.
\n\u201cI must thank Amir Hashmi and must thank the participants who are here and the organizers for making a venture in Pakistan which will not only increase prosperity but the ability of Pakistan to become a player in the world in the field of gaming and software.\u201d He wished good luck to the participants of the gaming event.
\nSheikh Ahmed Dalmook Al Maktoum of United Arab Emirates (UAE) inaugurated the Gamers Galaxy, Pakistan\u2019s biggest esports festival, with a grand prize pool of 20,000,000 Pakistani Rupees, presented by Mountain Dew and organized by Galaxy Race.
\nVisitors gathered in huge numbers at the main arena to witness intense battles in the tournaments of PUBG Mobile Gamers Galaxy, Valorant, HER Galaxy Valorant Spike Rush 2v2 (Pakistan\u2019s first-ever female esports tournament), and the community tournaments of FIFA 22, and Tekken. The finalists will compete for a 2 CRORE Pakistani Rupees prize pool.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad President Dr. Arif Alvi, while welcoming the organizers of a two-day esports event in Islamabad on saturday, said the tournament would involve Pakistani youth and would bring further investments in the country in future. In his virtual message at the opening of the esports tournament organized by Galaxy Racer here, Arif Alvi said, \u201cI […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-237740","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"\n