Pakistan committed to augment IT exports to $ 15 billion in 3 years

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Federal Minister for Information Technology Syed Amin-ul-Haq on Thursday said Pakistan was ambitiously working to achieve $15 billion IT exports in next three years.

He was addressing a panel discussion on “Promoting U.S.-Pakistan Innovation and Investment” at National Incubation Centre Karachi (NICK) here at the NED University of Engineering and Technology. U.S.

Department of State Special Representative (S/R) for Commercial and Business Affairs Dilawar Syed participated in the panel discussion with co-speakers Dr Syed Akbar Zaidi, Executive Director of the Institute of Business Administration and Atif Rais Khan, Founder and CEO of technology company LMKT.

The minister said Pakistan’s IT (information technology) exports reached $2.6 billion in the fiscal year 2021-22 while target for 2022-23 was set at $3 billion,.

The IT Ministry was fully determined to enhance the IT exports to $ 15 in its three-year plan, he vowed. Following the vision of Digital Pakistan, he said, the IT Ministry had taken multiple steps for promotion of the sector, which resulted in expansion of internet connectivity, broadband, and cellular coverage in the country.

Nowadays, 193 million Pakistanis had mobile phones and internet connectivity while earlier in FY 2018-19 the figure was 160 million.

 

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