Islamabad, February 01, 2022 (PPI-OT):Speakers at a webinar have said that Pakistan’s IT sector is poised to grow exponentially in the coming months and years with the country’s IT exports growing from 2.1 billion dollars to an approximate 3.5 billion dollars this fiscal year. The webinar was organized by the Consulate General of Pakistan Toronto on the theme of “Pakistan Canada IT Cooperation: Connecting the Dots”.

They said the IT industry in Pakistan is burgeoning and the government is taking the right steps for its further growth. These include enhancing number of IT graduates from 25,000 to 50,000, setting up software technology parks in large to 2nd tier cities, improving access to capital by IT companies, reducing tax disputes, enhancing financial structure of IT companies and listing them at the stock exchange.

In his opening remarks Consul General of Pakistan in Toronto Abdul Hameed said it is widely believed that Pakistan has the potential to claim a much higher share of the market than it currently enjoys. He also shared the statistics about the size and growth trajectory of ICT sector of Canada. MD PSEB Osman Nasir said large technology parks are being set up in the mega cities, in addition to establishing software technology parks in second or third tier cities.

Ex-President PASHA Barkan Saeed presented an overview of the ITC industry in Pakistan. He was of the view that during this year, the exports from IT sector would touch 3.5 billion dollars from 2.1 billion dollars last year. President CM Inc. Hassan Naqvi said the quality and skill of Pakistani IT professionals is high. CEO Techlogix Kewan Khawaja recommended that more Pakistani delegations should visit ITC events in Canada and North America and with change in traditional sales model, CEOs from Pakistani ITC companies need to attend and speak on international events to mark their presence.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk