By 2020: Plans laid out to help IT exports cross $6b

To be achieved by registering new companies and creating opportunities

APP July 20, 2016
To be achieved by registering new companies and creating opportunities. PHOTO: FILE

ISLAMABAD: The government and the Pakistan Software Export Board (PSEB) are aiming to cross $6 billion in Information Technology exports by 2020, said IT and Telecom State Minister Anusha Rehman Khan.

Talking to the media after inauguration of National Incubation Centre, the minister said that the goal of crossing $6 billion in IT exports and IT enabled services will be achieved by registering new companies, getting their financials documented and by creating new opportunities for entrepreneurs and companies to develop new products and services for export purposes.

“The National Incubation Centre inaugurated in the federal capital alone is going to harbour and prepare 40 startups every year,” said Khan.

She said that PSEB has increased the documented IT exports by 49% since 2013, just by reorganising the processes.

Currently, IT exports stand at $2.8 billion, up from $1.4 billion recorded in 2013.

Khan said that at the time of her joining the office in 2013, there were some 300 companies registered with PSEB, the number has now grown to 1,100 within two years.

She said that PSEB is formulating ways to make it easier for companies and entrepreneurs to get them registered with PSEB.

Published in The Express Tribune, July 21st, 2016.

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