PERFORMING the groundbreaking of Pakistan Digital City Special Technology Zone — the flagship project of Khyber Pakhtunkhwa government to be established on 86 kanals of land at cost of Rs 1.31 billion, Prime Minister Imran Khan stressed the need for investing in the technology sector saying it is vital to create employment for the youth as well as improve the economy.
Undoubtedly, digital technologies have risen to prominence as a critical determinant of economic growth, national security and international competitiveness.
The digital economy has a profound influence on the world’s trajectory and the societal wellbeing of ordinary citizens.
It affects everything from resource allocation to income distribution and growth.
Advancements in the computer industry, coupled with advancements in telecommunications, have increased job opportunities.
All physical barriers to communication over distances have been properly overcome by the internet.
In a similar way, manufacturing and consumer goods companies have developed online links to their suppliers and customer support.
Suppliers can keep track of production line efficiencies through automated systems and can more efficiently ship parts and material to the required locations, reducing inventory and downtime.
In addition to that, e-commerce and online banking capabilities have also helped reduce the cost of doing business.
The countries that lead the world in generating advanced technologies and leveraging the full productive...
Read Full Story: https://pakobserver.net/tech-investment-for-uplift/
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
