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Tuesday, January 25, 2022

IT sector contributes US $ 3.5 bln to national economy: Amin Ul Haque - Associated Press of Pakistan

Last updated Monday, January 10, 2022 07:53 ET , Source: TopWireNews

ISLAMABAD, Jan 10 (APP):Minister for Information Technology and Telecommunication Syed Amin Ul Haque Monday said that the Information Technology exports witnessed robust growth, contributing US $ 3.5 billion to the national economy, equivalent to 1% of the country’s Gross Domestic Products (GDP).
“During the outgoing financial year, an increase was observed not only in the yield of major crops but also in IT and ITeS exports. The IT Sector of Pakistan is contributing almost 1% of the GDP or almost around US $ 3.5 billion,” he expressed these views while addressing a launching of 7th National Incubation Center (NIC) in Hyderabad.
The agreement was signed by CEO Ignite, Asim Shahryar Husain and Vice Chancellor, University of Sindh Jamshoro Hyderabad, Dr. Muhammad Siddique Kalhoro. The ceremony was attended by MQM Member National Assembly Engineer Sabir Hussain Qaimkhani, Federal Secretary for IT and Telecom, Dr. Muhammad Sohail Rajput, officials from IT Ministry, Ignite, University of Sindh, Academia, Business communities and others personalities from to IT Industries.
On the occasion, Syed Amin Ul Haque said that the Ministry of IT and Telecom through its Organization Ignite-National Technology Fund has already established five NICs, one each at Islamabad, Karachi, Quetta, Lahore and Peshawar while the 6th NIC is being established in Faisalabad which will focus the Agri-Tech.
In accordance with the government’s vision for digital Pakistan and provision of an enabling...



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