IT Minister Announced Pakistan’s first-ever IT Export Strategy

 IT Export Strategy

Caretaker Federal Minister Information Technology (IT) Dr. Umar Saif has said that in the next 3 years, Pakistan’s IT exports will reach 10 billion dollars and this is the only sector of the country that can play a central role in the stability of the economy.

Caretaker IT Minister Dr. Umar Saif announced the main strategy to increase Pakistan’s IT Export Strategy during the strategy report release ceremony in Islamabad and said that in the next 3 years, IT Exports will increase to 10 billion dollars.

He said that IT is the only sector which can play a central role in the stability of Pakistan’s economy, Special Investment Council (SIFC) has a central role in enabling this sector and removing departmental barriers and this council Paving the way for global investment in Pakistan.

Regarding the strategy report, he said that the report was prepared in collaboration with Oxford University and PricewaterhouseCooper and Pakistan Software Export Board and IT Association have the main role in this strategy.

Regarding the increasing IT Export Strategy , Dr. Umar Saif said that according to the official data, IT exports are 2 billion 600 million dollars, we will add 2 lakh more talents to the existing IT workforce. Exports will increase to 5 billion dollars.

He said that the establishment of 10,000 freelancing centers under the e-employment scheme will increase $3 billion, similarly, by allowing IT companies to keep dollars, exports will increase by one billion dollars.

He said that the establishment of Pakistan Startup Fund will help to achieve the target of 10 billion dollars by increasing the total volume of IT exports by another billion dollars.

The Caretaker Federal Minister said that as Caretaker Minister we have less time and the competition is very tough, so we are taking steps so that the incoming government starts getting the fruits of the IT and Telecom sector.

Also Read: Foreign investors willing to invest pakistan IT sector

Chairman Pakistan Software Houses Association Muhammad Zohaib Khan said that under this strategy, the Ministry of IT will get the full support of the industry and we also expect that in the provision of incentives and facilities regarding the IT sector. Support will continue to be provided to us.



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