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Tuesday, November 26, 2024

IT sector contributing $3.5b to GDP: minister - The Express Tribune

Last updated Tuesday, January 11, 2022 01:14 ET

HYDERABAD:
Federal Minister for Information Technology Syed Aminul Haq has said that the IT sector contributes $3.5 billion to the country's Gross Domestic Product (GDP).
He said this during a ceremony held to sign a contract for the establishment of an incubation centre in Hyderabad.
The Ministry of IT & Telecommunication will launch its 7th National Incubation Centre (NIC) in Hyderabad by summer of this year. The federal minister was the chief guest on the occasion.
The agreement was signed by Ignite CEO Asim Shahryar Husain and University of Sindh Jamshoro Hyderabad Vice Chancellor Dr Muhammad Siddique Kalhoro.
The ceremony was attended by MQM Member National Assembly Engineer Sabir Hussain Qaimkhani, Federal Secretary for IT & Telecom Dr. Muhammad Sohail Rajput, officials from IT Ministry, Ignite, University of Sindh, academia, business communities and others personalities from to IT Industries.
Speaking on the occasion, Haque said that the Ministry of IT & Telecom through its Organisation 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 environment for potential entrepreneurs, more NICs are being established in second tier cities and incubators in health-tech, gaming & animation and electronics, he...



Read Full Story: https://tribune.com.pk/story/2338165/it-sector-contributing-35b-to-gdp-minister

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