KARACHI – Former President of the Korangi Association of Trade and Industry, Sheikh Umar Rehan, believes that Pakistan can emerge from its economic crisis by harnessing the potential of information technology (IT). Speaking about the revolutionary role IT can play at this critical juncture, Rehan highlighted the sector’s current contribution of over two and a half billion dollars to Pakistan’s earnings, achieved without significant support, facilities, or cooperation.
Umar Rehan emphasized that with government attention and support, the IT sector could play a pivotal role in the country’s economy and exports. He acknowledged the hard work of individuals in Pakistan’s IT sector, emphasizing the need for government backing to overcome obstacles and support IT experts and freelancers in completing their projects.
The former KATI President stressed the importance of reducing taxes and charges on computers, smartphones, and internet services in Pakistan to enhance the skills and capabilities of those associated with the IT sector. According to Rehan, immediate promotion of the IT industry is the most effective way to swiftly lift Pakistan out of its economic crisis.
He further urged the government to take positive, concrete, and revolutionary steps to foster development in information technology. Umar Rehan believes that by doing so, Pakistan can achieve economic prosperity and regain international recognition in the IT sector. He emphasized the need to facilitate the youth, unlocking their immense potential and elevating Pakistan’s global standing in the field of information technology.
