IT sector has potential to boost country's exports upto $5 bln: President

Dunya News

IT sector had great potential but unfortunately this vital field was ignored in the past: President

ISLAMABAD (APP) - President Dr. Arif Alvi has said that the IT sector of the country is growing fast and it has the potential to boost IT exports upto $5 billion by 2023.

He said that the IT sector had the great potential but unfortunately this vital field had been ignored in the past.

The present government was focusing on development of the IT sector by establishing Special Technology Zones and giving tax concessions to IT companies that would greatly contribute to the economic development of the country, he added.

The president said that Pakistan was progressing in every field and was shifting its focus from geo-strategic to geo-economic hub that would significantly help in economic prosperity of the country.

He underscored the need for training the IT graduates and youth of the country in IT skills so as to meet the country’s IT requirements.

The president highlighted that the developed world was making strides in the field of IT and Pakistan also needed to adopt emerging technologies for its economic growth.