Pakistan’s IT exports set to grow to USD 3.5 billion

Pakistan’s IT sector is poised to grow exponentially in the coming months and years with Pakistan’s IT exports growing from USD 2.1 billion to an ap-proximate USD 3.5 billion this fiscal year.

The IT industry in Pakistan is burgeoning and the government is taking the right steps for its fur-ther growth, including enhancing number of IT graduates from 25,000 to 50,000, setting up soft-ware technology parks in large to 2nd tier cities, improving access to capital by IT companies, reduc-ing tax disputes, enhancing financial structure of IT companies and listing them at the stock exchange.

These were some of the views expressed at a webinar organised by the Consulate General of Pakistan Toronto on the theme of “Pakistan Canada IT Cooperation: Connecting the Dots”.

The objectives of the webinar were to provide a platform for interaction between Pakistan origin ITC professionals in Canada and IT industry and academia from Pakistan. The panelists of the webi-nar included Mr. Osman Nasir, Managing Director, Pakistan Software Export Board, Mr. Barkan Saeed, ex-President Pakistan Software House Association, Mr. Hassan Naqvi, President, CM Inc., Canada, Dr. Shakeel Ahmad Khoja, Dean School of Mathemat-ics & Computer Science, IBA, Karachi, Mr. Kewan Khawaja, Co-founder and Co-CEO, M/s Techlogix, Mr. Jahan Ali, CEO of Mobile Live, Canada, Mr. Raheel Qureshi, founder and Partner M/s iSecurity Consulting, Canada, and Mr. Hassan Ramay, Man-aging Partner GoSaaS Inc. It was attended by a large no. of IT professionals/companies from Paki-stan and Canada.

In his opening remarks Mr. Abdul Hameed, Consul General of Pakistan, Toronto, stated that it is widely believed that Pakistan has the potential to claim a much higher share of the market than it currently enjoys.

He also shared the statistics about the size and growth trajectory of ICT sector of Can-ada, and highlighted the key sectors within the ICT sector which witnessed high growth and the top ICT players in Canada. Mr. Osman Nasir, MD PSEB, said large tech-nology parks are being set up in the mega cities, in addition to establishing software technology parks in second/third tier cities. —PR

 

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