ITCN Asia 2022 inaugurated: Target of $5bn set for IT exports, says minister

KARACHI: Federal Minister for Information Technology and Telecommunication, Syed Amin Ul Haque has informed that as per the instructions from Prime Minister Shehbaz Sharif, a plan was being devised to increase IT exports.

“A target of US 5 billion dollars IT exports has been set for the next year, while the same will be increased to $ 15 billion in the next few years”.

While inaugurating the ITCN Asia 2022 exhibition, he said that the government is evaluating attractive incentives for the industry such as regulatory reforms and tax exemptions. Certain other recommendations are also under consideration. Moreover, Cyber Security Policy and Personal Data Protection have also been finalised,” the minister said.

He informed that initial viabilities had already been finalised for the development of IT Parks in Karachi with an investment of Rs 31 billion, and the project would be launched soon.

The minister said that with the cooperation of Sindh University, IT courses had been started at various institutes in Hyderabad.

Haq maintained that IT Surveillance Data had also been developed to make Pakistan a crime-free state.

“The Smart Policing initiative of Ministry of Information Technology and Telecommunication is being expanded across the country to compile a complete profile of criminals as well as maintain a computerised policing system”.

He acknowledged the devastated civic infrastructure in Karachi and expressed his remorse on the losses caused by flash floods in the province.

The minister called for unified efforts by all political parties to rehabilitate the affectees.

World renowned experts will share their insights on the prevailing trends and opportunities in the world of IT in the exhibition.

Vice-President Ecommerce Gateway, Umair Nizam said ITCN Asia 2022 will be unique in many aspects this year. In view of post-pandemic global dynamics, the exhibition and conferences will benefit the new generation.

Copyright Business Recorder, 2022