IT industry is progressing rapidly: Fedeal Minister for IT Syed Amin Ul Haque

Federal Minister for Information Technology and Telecommunication Syed Amin Ul Haque has said that Pakistan’s IT industry is progressing rapidly and every possible steps are being taken to facilitate the IT industry.

The Federal Minister was addressing the IT Export Awards 2019 ceremony organized by Pakistan Software Export Board (PSEB), the attached department of the Ministry of IT and Telecommunication, here on Wednesday. Federal Secretary Ministry of IT and Telecommunication Shoaib Ahmad Siddique and PSEB management were also present on the occasion.

Federal Minister for IT Syed Amin Ul Haque has said that the role of information technology and telecommunications in the development and economic growth of Pakistan is vital, and the government is keenly interested in working closely with the ICT sector and implementing the policies and measures that will effectively energize both exports and domestic technology adoption.

The Federal Minister for IT said that the Ministry of IT is focusing on training our talented youth on the latest technologies and making them a productive part of our economy.

He said IT industry is growing at a phenomenal rate, earning valuable foreign exchange for the country, creating high paying jobs, improving the nation’s productivity and quality of life in general through innovative technology solutions. He said that he is pleased to note that Fiscal Year 2019-20 (July 2019 to June 2020) has been a great year for IT & ITeS Export remittances and that a record US$1.231 billion has been recorded in IT & ITeS export remittances at a growth rate of 23.71% as compared to the FY 2018-19.

We are setting a target of $ 5 billion in IT export remittance by FY2023, and will provide all the necessary support to achieve this target, the Federal Minister for IT added.

Syed Amin Ul Haque said that Pakistan’s IT industry has reached an important milestone in its journey and has positioned itself to become one of the leading countries in the software and outsourcing services market.

He said that IT industry can become one of the largest industries, adding that our national exchequer is increasing due to IT exports. He said that IT exports saw a record increase despite Covid-19. The Federal Minister lauded PSEB, Pakistan Software Houses Association (P@SHA) and the entire IT industry.

About IT parks, Federal Minister for IT Syed Amin Ul Haque said that work is underway on IT Park in Islamabad and its groundbreaking will be done at the end of this year. He said that the IT Park in Gilgit will be inaugurated soon. Work is also underway on IT Park in Karachi, he added.

He said that all the issues of the IT sector will be resolved and we have to take things towards more betterment.  

 Events such as these need to be held more frequently. The Ministry of Information Technology & Telecommunication and Pakistan Software Export Board are making all possible efforts to facilitate the IT Industry. My doors are open for viable suggestions for improving IT Industry growth.
The Federal Minister also congratulated export award winners and thanked them for their efforts towards boosting much needed export earnings of Pakistan, for their valuable investment in the country, and for generating professional employment opportunities for our youth.