IT exports target set at $5bn

“We are setting a target of $5 billion in information technology export remittance by fiscal year 2023, and will provide all the necessary support to achieve this target,” Federal Minister for IT Syed Amin Ul Haque said.

Pakistan’s IT industry has reached an important milestone in its journey and has positioned itself to become one of the leading countries in the software and outsourcing services market, he added

He also added that the industry has the potential to become one of the largest adding that our national exchequer is increasing due to IT exports.

He said that IT exports saw a record increase despite Covid-19. The Federal Minister lauded the Pakistan Software Export Board, Pakistan Software Houses Association (P@SHA) and the entire IT industry for their efforts to increase IT services and exports in and from the country.

About IT parks, Federal Minister for IT Syed Amin Ul Haque said that work is underway on IT Park in Islamabad and its groundbreaking will be done at the end of this year. He said that the IT Park in Gilgit will be inaugurated soon. Work is also underway on IT Park in Karachi, he added. He said that all the issues of the IT sector will be resolved and we have to take things towards more betterment. Events such as these need to be held more frequently.

The Ministry of Information Technology and Telecommunication and Pakistan Software Export Board are making all possible efforts to facilitate the IT Industry. My doors are open for viable suggestions for improving IT Industry growth.

The Federal Minister also congratulated export award winners and thanked them for their efforts towards boosting much needed export earnings of Pakistan, for their valuable investment in the country, and for generating professional employment opportunities for our youth.