Government Aims to Accelerate Digitization for Socio-Economic Development: Shaza Fatima

The government is determined to establish an accelerated digitization ecosystem to drive socio-economic development, expand the knowledge-based economy, and stimulate economic growth. This was stated by the State Minister for IT and Telecommunication, Shaza Fatima, during the inauguration of the 2nd edition of ITCN Asia 2024 on Tuesday.

Shaza Fatima highlighted the importance of rapidly adopting information and communication technology (ICT) for the socio-economic advancement of the country and emphasized the need to create a conducive environment for the IT industry.Russian Authorities Foil IS Plot: Three Arrested for Church Attack in Ingushetia

“We are committed to holistically advancing our IT ecosystem, from crafting relevant policies and legislation to nurturing a culture of innovation. These efforts are yielding significant results, as evidenced by the consistent growth of the IT industry in terms of the number of companies, revenue, exports, and workforce. This year, we have experienced a 24% growth in IT exports, reaching $3.22 billion. This growth reflects confidence in our local companies’ ability to deliver IT solutions and services that meet the expectations of international clients,” she stated.

“Our Digital Pakistan Policy serves as a blueprint for digital transformation across both government and private sectors, ensuring that Pakistan remains at the forefront of technological advancement,” she added.

Shaza Fatima further noted that the government had prioritized the establishment of software technology parks and special technology zones across the country. She also mentioned that the introduction of e-Rozgar centers is another milestone, providing working spaces equipped with facilities and training resources to bolster the economy. With approximately 1 million freelancers, Pakistan ranks among the top countries in the gig economy, and tapping into this potential is integral to achieving the goal of reaching $10 billion in the coming years, she added.

Earlier in the inaugural conference, key figures from Pakistan’s IT and business sectors urged policymakers to consider the broader impact of IT policies on the economy, businesses, and the country’s global reputation. Emphasizing Pakistan’s potential to become a regional and international IT hub, experts stressed the need for conducive policies to facilitate growth, particularly in IT exports and freelancer payments.

Zohaib Khan, Chairman of the Pakistan Software House Association, appreciated the role of the Special Investment Facilitation Council (SIFC) in boosting Pakistan’s economy and investment, particularly in the IT sector. He noted the continuity of IT development over the past three terms and highlighted the growth in IT exports, which reached $3.2 billion in the 2023-24 financial year.

Zohaib Khan also mentioned that the local industry had explored various new export destinations in recent years, strengthening the country’s global brand and enhancing export earnings.

Pakistan’s talented human capital has proven its capabilities by developing various solutions for the Kingdom of Saudi Arabia and the African continent. Therefore, it is essential to focus on growing media-in-Pakistan brands.

Secretary General of the Islamic Chamber of Commerce, Yousef Hasan Khalawi, emphasized Pakistan’s potential to become a global IT hub, particularly in the fields of agriculture and IT. He pledged the chamber’s support in helping the country achieve this goal. “Technology has transformed the dynamics of education, agriculture, health, and other crucial sectors,” he said, noting the significant impact of mobile phones and connectivity in improving life, particularly in rural areas.

Other speakers included Project Director of ITCN Asia Muhammad Umair Nizam, Past P@SHA President Jahan Ara, and CEO of the Pakistan Software Exchange Board Syed Sohail Javaad, who also spoke on the occasion.

Organized by Ecommerce Gateway, the event hosted over 300 speakers, 70,000 industry participants, and 350 foreign delegates from 17 countries, underscoring the global interest in Pakistan’s IT potential.