The Pakistani government is taking steps to create a hospitable environment for tech industry and now the time is ripe for strengthening tech bonds between Pakistan and the United States, Ambassador Masood Khan has said.
“The US is ready to help and we are ready to join the IT revolution by integrating and absorbing innovations in US technologies,” he told Pakistan Tech Summit 2022 in Silicon Valley, about 40 miles southeast of the US city of San Francisco, California.
The Pakistani envoy said that the Summit provides business leaders, tech entrepreneurs and technology experts from Pakistan a platform to come together and form synergies, build bridges between Silicon Valley and the Pakistani startup ecosystem and join hands for a bright future of Pakistan.
“You are already on a roll”, he said.
Ambassador Masood Khan observed that more than 64% population of Pakistan is below the age of 30 years and a growing middle class was expected to cross the 100 million mark soon. This youth bulge combined with the growing middle class promised bright prospects for the growth of IT sector in the country.
In the past 18 months, he said, tech startups in Pakistan have earned half a billion dollars mainly supported from the United States, and he said that the sector was poised to generate tens of billions of dollars within the current decade.
Ambassador Khan said that the Government of Pakistan will continue to take steps to create a hospitable environment for tech industry. He said that...
Read Full Story: https://technologytimes.pk/2022/04/28/time-ripe-for-boosting-pak-us-tech-bonds-ambassador-masood-khan/
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