IT Sector Has Potential To Boost Exports Upto $5 Bln By 2023P President
Muhammad Irfan Published June 17, 2021 | 12:41 AM
President Dr Arif Alvi Wednesday said the IT sector in the country was growing fast and had the potential to boost its exports upto $5 billion by 2023
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th Jun, 2021 ) :President Dr Arif Alvi Wednesday said the IT sector in the country was growing fast and had the potential to boost its exports upto $5 billion by 2023.
The Information Technology (IT) sector, he said, had the great potential but unfortunately the vital field had been ignored in the past.
However, the present government was focusing on its development by establishing Special Technology Zones and giving tax concessions to the IT companies that would greatly contribute to the economic development of the country, he added.
He expressed these views while addressing at the 1st Lahore Chamber of Commerce and Industry IT Awards ceremony here at the Aiwan-e-Sadr.
The president said Pakistan was progressing in every field, and shifting its focus from geo-strategic to geo-economic hub that would significantly help in economic prosperity.
He underscored the need for training the IT graduates and youth in the IT skills so as to meet the country's IT requirements.
The president highlighted that the developed world was making strides in the field of IT and Pakistan also needed to adopt emerging technologies for its economic growth.
While praising the government's successful policy with regard to containing COVID-19 pandemic, Dr Alvi said the government exercised its intellect and made wise decisions based on data and human compassion, which led to successfully containing the pandemic.
He also lauded the cooperation of Ulema from all schools of thought, who extended wholehearted support to the government's policy against the pandemic.
The world, he said, was also appreciative of the smart lockdown policy of the government and the financial support provided to the underprivileged under the Ehsaas programme.
The president urged the businessmen to invest in the IT sector as it had immense potential to provide employment opportunities to the youth and boost exports of the country.
Punjab Minister of Information Technology Yasir Humayun and LCCI President Mian Tariq Misbah also spoke on the occasion.
Related Topics
Recent Stories
LHC sets aside ECP's notice on vote recount plea in NA-79
New pulses varieties imperative to cater domestic food requirements: Dr Khalid H ..
ASI suspended for manhandling mobile snatcher
Addit’l FS receives journalists from UAE, KSA
Literary activities continue in book fair by ICT admin
Russia, Ukraine to exchange displaced children after rare talks
MNAs for favorable wheat procurement terms to benefit farmers
Bolt named ICC Men’s T20 WC 2024 ambassador
Raja Qamar, Chairman RBISE visit Intermediate exam centers, review arrangements
Punjab Health Minister Khawaja Salman Rafique assures action after DHQ Gujrat in ..
LHC sets aside notice issued by ECP on vote recount plea in NA-133
Envoys call on FM; pledged to further strengthen bilateral ties
More Stories From Pakistan
-
LHC sets aside ECP's notice on vote recount plea in NA-79
15 minutes ago -
ASI suspended for manhandling mobile snatcher
15 minutes ago -
Addit’l FS receives journalists from UAE, KSA
15 minutes ago -
Literary activities continue in book fair by ICT admin
23 minutes ago -
Raja Qamar, Chairman RBISE visit Intermediate exam centers, review arrangements
23 minutes ago -
Punjab Health Minister Khawaja Salman Rafique assures action after DHQ Gujrat incident
23 minutes ago
-
LHC sets aside notice issued by ECP on vote recount plea in NA-133
23 minutes ago -
Envoys call on FM; pledged to further strengthen bilateral ties
23 minutes ago -
Media playing the role of fourth pillar of democracy: Atta Tarar
23 minutes ago -
Saudi embassy pays tribute to Iqbal's philosophical thoughts, love for KSA
22 minutes ago -
Balochistan Chief Minister Mir Sarfraz Bugti for taking steps to establish good governance in provin ..
23 minutes ago -
Drug peddler arrested; 2310 grams hashish recovered
55 minutes ago