Reforms in IT sector pave way for investment
The Ministry of IT and Telecom is fully committed to promoting entrepreneurship and innovation in Pakistan, said IT Minister Syed Aminul Haq.
Addressing a ceremony on Wednesday, he said that reforms in Pakistan’s telecommunication sector and the facilities provided to mobile operators have paved way for investment in mobile networking.
The minister shared that for the first time in the tenure of the incumbent government, the preparation of the Right of Way Policy to its approval and implementation was made, which could not be done in the last 24 years.
Haque added that steps were also being taken to provide 3G and 4G services across the country.
Read more: Training held on modern investigative sciences
He said the Covid-19 outbreak has changed the economic and social map of the world and now priorities have changed in many areas. However, the role of information technology and telecommunication has not changed but its use and the trend have increased tremendously.
The World Economic Forum (WEF) ranked Pakistan among the best countries in terms of affordability of ICT services. Pakistan is ranked 4th in the Global Freelance industry, providing excellent technical resources in various technology fields.
Addressing the occasion virtually, GSMA Head of Asia Pacific Julian Gorman said, “Digital technologies were set to transform the way people live and work in Pakistan. As we saw in the GSMA 2020 Digital Societies Report, which tracks the progress of 11 focus countries in Asia Pacific, Pakistan is advancing its societal, economic and digital ambition, as outlined in Digital Pakistan Vision.”
Indeed, our report’s digital society index tracked Pakistan in achieving one of the highest increases in its overall score, he added. He said that by 2023, the economic contribution of the mobile industry in Pakistan is expected to reach $24 billion.
Published in The Express Tribune, June 3rd, 2021.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.