PM Imran Khan ambitious digital policy to increase size of ICT industry to $20 billion
This will be done by promoting entrepreneurship in the tech ecosystem.
Prime Minister Imran Khan has set a target of increasing the size of information and communication technology (ICT) to $20 billion in the next five years. This will be done by promoting entrepreneurship in the tech ecosystem.
“Pakistan has great investment potential in communication and energy sector,” PM said during a meeting with Sergi Herrero, co-chief executive officer of Veon, the parent company of Jazz Pakistan.
“Government is focused on providing ease-of-doing-business with liberal investment policy which has been acknowledged by international financial institutions’’, he continued.
The government’s ‘Digital Pakistan’ initiative aims at providing a platform to the youth to become independent and drivers of economic growth.
“Under the digital policy the government has aimed to increase the size of the Pakistani ICT industry to $20 billion in next few years,” he said.
“A digital ecosystem with infrastructure and institutional frameworks for rapid delivery of innovative digital services, applications and content are being provided to the IT proficient youth”, he added.
The new digital policy foresees improving access to broadband and digital financial services for the population.
Imran Khan said that telecom plays a big role in economic growth since it is the highest tax paying sector.
‘Government provides a competitive and transparent working environment’
He lauded the association of Veon with Pakistan as a company and serving 60 million subscribers with a multitude of services by investing $9 billion.
Sergi Herrero said that the government provides a competitive and transparent working environment for telecom companies.
“Jazz Pakistan has launched ‘Internet for all’ campaign that includes affordable mobile phones with internet connectivity for social media, Jazz Cash and the Prime Minister’s Citizens Portal,” he said.
“The provision of this service will help enable citizens to undertake economic activity at small and medium scale and will promote good governance,” Herrero added.
This visit was Herrero’s first foreign trip since he was appointed as the Veon’s co-CEO. The meeting was aimed at reaffirming Veon and its subsidiary.
In the meeting, ways were discussed in which Veon and Jazz could help the country’s socio-economic development, through advancements in telecommunications, digital finance services and internet.
CEO of Jazz Aamir Ibrahim said the company’s efforts are aimed at bridging the digital divide in the country and opening doors of equal opportunities.
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