The Federal Government has announced a broad scope plan to boost its technological sector through important infrastructure projects, digital services and foreign investment impulses.
Speaking at the Business Summit of the leaders in Islamabad on Wednesday, the Federal Minister of IT and Telecom Shaza Fatima said that the country is preparing to launch several initiatives aimed at modernizing their digital landscape and aligning with the global technological trends that evolve.
Among the key projects is the opening of the first Dedicated IT Park in Pakistan in Islamabad, scheduled for the inauguration on August 14 of this year, followed by a similar park in Karachi.
The parks aim to provide spaces specially designed for new technology companies, independent workers and export -oriented software companies.
The minister also announced the plans for a pilot project by Islamabad Smart and a new ‘super application’ for the capital, designed to integrate public services and improve urban management through digital platforms.
Fatima stressed that the business registration procedures in Islamabad will move completely online in the coming months, allowing entrepreneurs to access all the permits and services required digitally.
She cited similar successful models in international cities such as Shenzhen, China.
In a movement to attract foreign investors, Pakistan will organize a digital foreign investment summit from April 28 to 29, in collaboration with Saudi Arabia.
The event aims to promote investment opportunities in the growing digital economy of Pakistan.
In addition, the government is developing 250 employment centers throughout the country and turning vacant buildings into IT parks, creating new job opportunities and supporting the infrastructure of the technological sector.
Fatima declared that every dollar spent marketing in the technological sector of Pakistan produces around $ 49 in yields, which underlines the economic potential of the industry.
The Government has established an ambitious objective of $ 25 billion in exports of IT in the coming years.
She emphasized the importance of adopting technologies such as artificial intelligence and quantum computing, warning that the lack of adaptation could isolate Pakistan of global progress.
“The world is moving quickly. If we don’t keep up the rhythm, we risk being left behind,” Fatima said.
