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Pakistan seeks to enhance IT exports, investments for national growth: PM

ISLAMABAD
2023-07-21 09:28

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ISLAMABAD, July 21 (Xinhua) -- Pakistani Prime Minister Shahbaz Sharif said that the incumbent government has been making all-out efforts to enhance information technology (IT) exports and investments in the coming years for national growth.

"Pakistan is rich with immense youth potential with the youngsters getting modern skills with each passing day. But the export figure, hovering around 2.5 billion U.S. dollars, did not justify the potential owing to lack of support and archaic procedures," Sharif said while addressing a seminar on information technology on Thursday.

He said that the country is required to boost its IT exports to 25 billion dollars and investment to 20 billion dollars within a span of three years, adding that the government has already placed a mechanism to ensure one-window operations to facilitate the investors.

"We have to achieve this target under all circumstances through the support and expertise of stakeholders," the prime minister said.

Sharif said that the investors would be provided with all the facilities and assistance needed through one-window operations without any delay, underlining that the government would act as a partner and catalyst to provide all kinds of support to the investors.

The Gulf countries are willing to invest in Pakistan in various sectors including IT and agricultural sectors, and the country would benefit from their investment to generate revenue and enhance exports, he added.
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