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Home PAKISTAN Karachi

Govt aims to accelerate digitisation for socio-economic development: Shaza Fatima.

News Desk by News Desk
August 28, 2024
Govt aims to accelerate digitisation for socio-economic development: Shaza Fatima.
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Karachi : The government aims to put in place an accelerated digitization
ecosystem to enable socio-economic development, expand the
knowledge-based economy, and spur economic growth. This was stated by
the State Minister for IT and Telecommunication, Shaza Fatima while
inaugurating the 2nd edition of ITCN Asia 2024 here on Tuesday.

She pointed out the importance of the rapid adoption of information
and communication technology (ICT) for our country’s socio-economic
advancement and added the importance of creating a conducive
environment for the IT industry.

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“We are committed to holistically advancing our IT ecosystem, from
crafting relevant policies and legislation to nurturing a culture of
innovation. These efforts are yielding significant results, as
evidenced by the consistent growth of the IT industry in terms of
company numbers, revenue, exports, and workforce, especially this
year, considering we have experienced 24% growth in IT exports
reaching $3.22bn. This growth reflects the confidence in our local
companies’ ability to deliver IT solutions and services that meet the
expectations of international clients,” she added.

“Our Digital Pakistan Policy serves as a blueprint for digital
transformation across both government and private sectors, ensuring
that Pakistan remains at the forefront of technological advancement,”
she remarked.

Shaza Fatima further said that the government had prioritized the
establishment of software technology parks and special technology
zones across the country. On the other hand, the introduction of
e-Rozgar centres is yet another milestone, providing working spaces
equipped with facilities and training resources to bolster the
economy. Leveraging our vast pool of approximately 1 million
freelancers, Pakistan ranks among the top countries in the gig
economy, and tapping into this potential is integral to achieving our
goal of reaching $10 billion in the coming years, she further said.

Earlier in the inaugural conference, critical figures from Pakistan’s
IT and business sectors urged policymakers to consider the broader
impact of IT policies on the economy, businesses, and the country’s
global reputation. Emphasizing Pakistan’s potential to become a
regional and international IT hub, experts stressed the need for
conducive policies to facilitate growth, particularly in IT exports
and freelancer payments.

Zohaib Khan, Chairman of the Pakistan Software House Association,
appreciated the role of Special Investment Facilitation Council (SIFC)
for its role in boosting Pakistan’s economy and investment,
particularly in the IT sector. He noted the continuity of IT
development over the past three terms and highlighted the growth in IT
exports, which reached $3.2 billion in the 2023-24 financial year.

Zohaib Khan also said the local industry had explored various new
export destinations in the last few years, which has strengthened the
country’s brand worldwide and enhanced export earnings.

Pakistan has talented human capital, which has proved its mettle by
developing various solutions for the Kingdom of Saudi Arabia and the
African continent; hence, we need to focus on growing its
media-in-Pakistan brands.

Secretary General Islamic Chamber of Commerce, Yousef Hasan Khalawi,
emphasized Pakistan’s potential to become a global hub of IT, mainly
in the fields of agriculture and IT. He pledged the chamber’s support
in helping the country achieve this goal. “Technology has transformed
the dynamics of education, agriculture, health, and other crucial
sectors,” he said, noting the significant impact of mobile phones and
connectivity in improving life, particularly in rural areas.

Other speakers included Project Director ITCN Asia Muhammad Umair
Nizam, Past P@SHA President Jahan Ara, and CEO of Pakistan Software
Exchange Board Syed Sohail Javaad, who also spoke on occasion.

Organized by Ecommerce Gateway, the event hosted over 300 speakers,
70,000 industry participants, and 350 foreign delegates from 17
countries, underscoring the global interest in Pakistan’s IT
potential.

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