ISLAMABAD, June 16 (APP): President Dr. Arif Alvi Wednesday said that the IT sector of the country is growing fast and it has the potential to boost IT exports upto $5 billion by 2023.
He said that the IT sector had the great potential but unfortunately this vital field had been ignored in the past.
The present government was focusing on development of the IT sector by establishing Special Technology Zones and giving tax concessions to IT companies that would greatly contribute to the economic development of the country, he added.
He expressed these views while addressing at the 1st Lahore Chamber of Commerce and Industry IT Awards ceremony at Aiwan-e-Sadr.
The president said that Pakistan was progressing in every field and was shifting its focus from geo-strategic to geo-economic hub that would significantly help in economic prosperity of the country.
He underscored the need for training the IT graduates and youth of the country in IT skills so as to meet the country’s IT requirements.
The president highlighted that the developed world was making strides in the field of IT and Pakistan also needed to adopt emerging technologies for its economic growth.
While praising the successful policy of the government with regard to containing COVID-19 pandemic, the president said that the government exercised its intellect and made wise decisions based on data and human compassion which led to successfully containing the pandemic.
He also lauded the cooperation of Ulema from all schools of thought who extended wholehearted support to the government’s policy against the pandemic.
He said that the world was appreciative of the smart lockdown policy of the government and the financial support provided to the underprivileged under the Ehsaas program.
The president urged the businessmen to invest in IT sector as it had immense potential to provide employment opportunities to the youth and boost exports of the country.
Provincial Minister of Information Technology, Punjab Yasir Humayun and President Lahore Chamber of Commerce and Industry, Mian Tariq Misbah also spoke on the occasion.
