Pakistan will meet $25 billion target in IT exports in 3 years: PM

on 15/11/2024

Highlighting the government’s efforts to promote the telecommunications sector, Prime Minister Shehbaz Sharif reiterated his resolve to meet the target of $25 billion in IT exports in the next three years.

In a meeting with a five-member delegation of VEON Group led by Chairman Augie K Fabela, the prime minister said the government was introducing 5G internet service to provide fast and reliable internet connectivity even in remote areas. He added that the 5G services would also help the government realise its vision of a Digital Pakistan.

The telecommunication sector had a significant role in promoting a cashless and digital economy, he said and lauded the services of VEON Group’s subsidiary Jazz in Pakistan’s telecommunications and financial technology sectors, according to a PM Office press release.

Prime Minister Shehbaz said the government was willing to collaborate with VEON Group on IT, digitization, and artificial intelligence.

The members of the delegation appreciated the government’s efforts for economic stability and said that Pakistan had become an important investment destination for the IT and telecom sector.

Minister of State for Information Technology and Telecommunications Shaza Fatima Khawaja, Minister of State for Finance and Revenue Ali Pervaiz Malik, Coordinator to PM Rana Ehsan Afzal, and relevant senior officers attended the meeting. — ERMD