Government should develop special IT economic zones and give long terms benefits to promote IT Industry: Sardar Yasir Ilyas Khan
Islamabad, January 07, 2021 (PPI-OT): Mr. Shoaib Ahmed Siddiqui, Secretary Ministry of Information Technology and Telecom addressing at the inaugural ceremony of Fazal Software Technology Park at I-9 Industrial area, Islamabad said that the Government is working hard for the promotion of IT industry and lauded the efforts of Fazal Industry for setting up the IT Technology Park. He said that the Prime Minister of Pakistan has the vision to promote IT Industry and in this connection Ministry of Information Technology and Telecom and Pakistan Software Export Board are focusing on the promotion of this sector. He said that a new Industrial Park is being established at Chakshahzad, Islamabad.
He said that the Government is also working on the payment gateways to resolve the payment issues of the IT industry. He proposed that a forum should be created for ease of doing business including PASHA and other relevant organizations. Mian Shaukat Masud, former President ICCI and CEO of Fazal Technology Park, said that IT is an emerging field in the country and thanked the Ministry of information Technology and Telecom and Pakistan Software Export Board for supporting this initiative. He said that the Government should ensure consistency of policies and more incentives should be given to the IT Industry for its growth and more exports.
Sardar Yasir Ilyas khan, President Islamabad Chamber of Commerce and Industry- ICCI congratulated for setting up Fazal Software Technology Park and said that the Government should make more efforts for the promotion of IT Industry. He said that Pakistan has great potential for IT exports which can be enhanced through policy support and reforms. He said that India has 100 times more exports of IT products than Pakistan and even Bangladesh is ahead of Pakistan in IT exports. He emphasized that the Government should give priority to the IT sector for its sustainable growth and to earn foreign exchange.
He said that the Government should address the payment receipt issues as many Pakistani IT companies have set up their offices abroad and are receiving payments in overseas offices. He said that the State Bank of Pakistan should resolve payment issues by creating cease of doing business and streamlining procedures and processes for receiving and sending funds globally. He also added that embedding of payment portal and gateways such as PayPal are a necessity for promoting digitization and ecommerce in Pakistan. He said that the Government should develop special IT economic zones and give long term benefits to promote IT Industry.
Sardar Yasir Ilyas Khan announced that Islamabad Chamber of Commerce and Industry shall organize an IT exhibition in the coming weeks to promote software companies by taking PASHA on board. He said that Chamber will help the IT companies by taking up their issues with the relevant Ministries. He said that the Government must listen to the problems of the businessmen and involve the business community in policy formation process as there is a gap between the Public and Private Sector.
Osman Nasir, Managing Director Pakistan Software Export Board appreciated the vision of Fazal Industry for developing Fazal Software Technology Park and turning it into a high yield industry. He said that the Government is determined to set up technology Parks across the country which will enable natural growth of the IT Industry. Mr. Barqan Saeed, Chairman Pakistan Software House Association said that Pakistan needs to enhance its exports and IT Industry can play a good role in it. He said that it can also help in bringing foreign investment in the country and creating more employment.
For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1, Islamabad, Pakistan
Tel: +92-51-2250526, 2253145, 8432676
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