On Wednesday, Prime Minister Shehbaz Sharif said that Pakistan’s information and technology (IT) industry has vast untapped potential. He also invited global IT businesses and specialists to fully explore the country’s brilliant youth population.
The prime minister was speaking at the 21st Asia Pacific ICT Alliance (APICTA) Awards 2022 opening event.
Without a doubt, Pakistani businesspeople have made enormous steps to boost the IT industry over the last several years via both individual and group initiatives, according to Prime Minister Shehbaz Sharif. The government was actively supporting these initiatives as well.
Given their potential, he said that young people made up 60% of the nation’s population overall. To turn this potential into opportunity is both a struggle and a chance, he continued.
The prime minister claimed that Pakistan has a great deal of room to grow its export of IT. He said that despite the enormous talent, the nation’s overall IT exports only amounted to $2.6 billion. He noted that Pakistan has the enormous power to raise this goal to billions of dollars.
The prime minister said he had presided over several discussions to consider how to energize their young and advance the IT sector. They had determined that a target of $5 billion in yearly IT exports could be readily attained, he said, adding that he had urged IT professionals and young people to step up and develop a strategy to hit this goal.
16 economies from the area, as well as more than 150 international delegates from Malaysia, Australia, Singapore, etc., are in attendance at the event. The 2022 edition of the APICTA Awards, sometimes known as the “Oscars of the Asian IT Industry,” will take place in Islamabad from December 7–11.