CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • Business
  • Wired

Boosting IT Exports: Pakistan Aims for $15 Billion Growth in the Coming Years, Says IT Minister

  • August 2, 2023
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

ISLAMABAD: Pakistan’s Minister of Information Technology, Syed Aminul Haque, has set an ambitious target to elevate the country’s IT exports from the current $2.6 billion to $15 billion in the next few years. The move reflects a renewed focus on a sector where Pakistan has lagged behind its competitors.

During a news conference on Tuesday, Minister Haque announced plans to ramp up investments in the IT sector to $10 billion. The ministry is currently prioritizing efforts to enhance connectivity, skill development, and capital inflows.

With both military and political leadership aligned, the coalition government is steadfast in its commitment to bolster the economy, create more job opportunities, increase remittances, and promote ease of doing business, emphasized Haque.

He revealed that projects worth Rs77 billion are already underway to improve cyber optic cable networks and 3G/4G facilities, especially in remote areas, with completion expected by December 2023.

Additionally, the government has invested in the training of 3.3 million freelancers to give a significant boost to IT exports.

However, Haque highlighted that bureaucratic hurdles were hindering the rapid development of digitization. The traditional mindset often overlooks the value of online services such as call centers and remittances from freelancers, he noted.

The pandemic provided an opportunity for the IT ministry to advance digitization efforts and set ambitious targets, including “smartphone for all” and “connectivity for all.”

The price of good-quality smartphones has dropped to approximately Rs20,000 to Rs30,000 due to the promotion of local manufacturing of mobile phones.

To ensure connectivity reaches remote areas, the Universal Service Fund (USF) has allocated Rs77.8 billion for 83 projects, slated for completion by December 2023.

In a bid to boost industry growth further, the government is organizing an international IT seminar on July 20, with plans to attract investments and remittances to propel IT exports to $15 billion in the coming years.

Haque also highlighted the success of Digi Skills programs, with Ignite training around 3.3 million people in various freelancing courses, and Google training 15,000 Pakistanis in 2022. Negotiations with Google are ongoing, and it is expected to train around 450,000 Pakistanis in 2024.

The creation of the Special Investment Facilitation Council (SIFC) is expected to resolve various industry issues as it brings together key figures from the government and armed forces, providing a platform for the private sector to address concerns, emphasized the P@SHA chairman during the event.

Share
Tweet
Share
Share
Share
Previous Article
  • Wired

Lahore Man’s Online Trading Loss Highlights Rising Cyber Scam Threats

  • August 1, 2023
Read More
Next Article
  • Wired

Tapmad Offers Exclusive Ad-Free ASIA CUP 2023 Streaming in Pakistan: Elevate Your Cricket Experience

  • August 2, 2023
Read More
You May Also Like
Read More
  • Business

Skywell Group to Build EV Assembly Plant in Punjab SEZ Under New Pakistan-China MoU

  • Press Desk
  • June 19, 2025
Read More
  • Business

S&P Global Completes 20 Years in Pakistan, Reaffirms Commitment to Innovation and Empowerment

  • Press Desk
  • June 19, 2025
Read More
  • Wired

Pakistan Launches National Electric Vehicle Policy 2025–30 for Green Transport Shift

  • Press Desk
  • June 19, 2025
Read More
  • Wired

Pakistan’s Sanjan Nagar, Nordic, and Beaconhouse Schools Nominated for World’s Best School Prizes 2025

  • Press Desk
  • June 19, 2025
Read More
  • Business

Aga Khan University Panel to Explore Supply Chain 5.0 and Sustainability on June 20

  • Press Desk
  • June 19, 2025
Read More
  • Wired

16 Billion Passwords Leaked Across Major Tech Platforms — What You Need to Know

  • Press Desk
  • June 19, 2025
Read More
  • Wired

DeepL Achieves Full Internet-Scale Translation in 18 Days with NVIDIA’s AI Chips

  • Press Desk
  • June 19, 2025
Read More
  • Business

Careem Halts Ride-Hailing in Pakistan Amid Competition and Economic Pressures

  • Press Desk
  • June 18, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Posts
  • Pakistan Showcases IT Investment Opportunities at Concluding US Tech Conference 2025
    • June 21, 2025
  • KPITB Launches Automated Fine Collection System for Greater Transparency Across KP
    • June 21, 2025
  • Alliance Tech Summit 2025 to Spotlight Pakistan’s Position in Global Tech and FDI
    • June 21, 2025
  • E-Commerce Associations Urge Government to Rethink Tax Measures in Finance Bill 2025-26
    • June 21, 2025
  • Sindh Digitizes Hospital and Clinic Licensing via SHCC and SBOSS Collaboration
    • June 20, 2025
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2025. Read Privacy Policy.

Input your search keywords and press Enter.