IT exports to be increased to $15bn, Minister reveals at ITCN Asia 2022 inauguration event

Latest Aug, 25 2022
IT exports to be increased to $15bn, Minister reveals at ITCN Asia 2022 inauguration event
  • 340
  • 0

KARACHI: ITCN Asia 2022, a platform for promotion of Information Technology (IT) and guidance to new generation, kicked-off. Three-day event, organised by Ecommerce Gateway will continue till August 26, 2022.

Federal Minister for Information Technology and Telecommunication Syed Amin-ul-Haq inaugurated exhibition and conferences. He informed that as per instructions from Prime Minister Shahbaz Sharif, a plan was being devised to increase IT exports.  “A target of $ 5 billion IT exports has been set for next year, while same will be increased to $ 15 billion in next few years”. Government is evaluating attractive incentives for industry such as regulatory reforms and tax exemptions. Certain other recommendations are also under consideration. Moreover, Cyber Security Policy and Personal Data Protection have also been finalised,” he said. He informed that initial viabilities had already been finalised for development of IT Parks in Karachi with an investment of Rs 31 billion and project would be launched soon.

He said that with cooperation of Sindh University, IT courses had been started at various institutes in Hyderabad. He maintained that an IT Surveillance Data had also been developed to make Pakistan a crime-free state. “Smart Policing initiative of Ministry of Information Technology and Telecommunication is being expanded across country to compile a complete profile of criminals as well as maintain a computerised policing system.” Over 1,500 brands representing 800 companies will participate in exhibition span over four halls. Event will open scores of startup opportunities. Vice president Ecommerce Gateway, Umair Nizam said ITCN Asia 2022 will be unique in many aspects this year. In view of post endemic global dynamics, exhibition and conferences will benefit new generation.

Published in The Daily National Courier, August, 25 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Staff Reporter
Staff Reporter https://www.dailynationalcourier.com/author/staff-reporter
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Mayor visits Gulshan Hadeed to inspect water supply lines work

KARACHI: Mayor Karachi Murtaza Wahab on Monday visited Gulshan Hadeed to inspect the under-progress work of two new water supply lines for the locality. Mayor Murtaza Wahab said that the negligence of Pakistan Steel Mills management deprived Gulshan...

Farhan Ghani handed over to police on 4-day physical remand

KARACHI: An anti-terrorism court (ATC) in Karachi on Monday granted police a four-day physical remand of Pakistan People’s Party (PPP) leader and Chanesar Town Chairman, Farhan Ghani, in a terrorism case related to the assault of a government e...

Pakistan rejects 'Greater Israel' plan at OIC moot, seeks immediate end to Gaza war

Deputy Prime Minister and Foreign Minister Ishaq Dar on Monday reiterated Pakistan's strong condemnation of Israel’s highly escalatory and dangerous statements over Palestinian land. He said the brazen audacity of the so-called Israeli cabinet,...

NDMA sounds flood alert as India releases water into Ravi after Sutlej warning

After alerting Pakistan, India on Monday discharged water from the Madhopur Dam into the Ravi River — a day after warning of its planned release into the Sutlej — prompting the National Disaster Management Authority (NDMA) to caution of p...

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us