‘Digital transformation is the country’s vision’

Alvi says foreign companies are welcome to invest in country’s fast-growing IT sector

ISLAMABAD:

President Dr Arif Alvi on Wednesday said that digital transformation was at the heart of country’s vision to create a conducive environment for technology development and growth.

While speaking to a delegation of DigitalOcean, the president said, “The conducive environment will include inviting and facilitating foreign investment in the IT sector and transform the youth bulge into information technology-savvy human resource for a large-scale entry of the country into the fast-growing international IT market.”

President Alvi stressed that a high level of commitment, taking the right decisions at the right time and implementing policies and decisions on a timeline basis, was needed both at the federal and provincial levels to create a well-integrated and functional IT ecosystem in Pakistan.

Furthermore, he urged the need for the bureaucracy to assist all investors including foreign established and well-reputed IT firms and companies.

“The government is reviewing the entire education system of the country to transform it from a non-market to a market-oriented system.” He also cited the example of the PM’s digiskills programme in which 1 million people had completed training and were making a living.

Appreciating DigitalOcean for investing in Pakistan and acquiring a Pakistani IT company at $350 million, the president observed that this was the largest IT acquisition in the history of Pakistan.

Published in The Express Tribune, January 5^th, 2023.

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