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PM asks investors to invest in IT instead of traditional sectors
March
4, 2005. Pak Tribune

http://paktribune.com/news/index.php?id=96282

 

LAHORE: While linking Information Technology with national development Prime Minister Shaukat Aziz has invited investors to invest in IT sector rather than traditional sectors.

Addressing the inauguration ceremony of the new office of Software Institution "Net Sole" here on Friday, he said government policies for information technology sector are liberal and investor friendly and investors should make good use of these policies.

Chairman Joint Chiefs of Staff Committee Gen Ehsan, Governor Punjab Gen (Retd) Khalid Maqbool, Chief Minister Ch Pervaiz Elahi, Federal Minister for Information Technology Awais Ahmed Khan Leghari, State Minister for Information Technology Ali Asjad Malhi, State Minister Dr Naseem Ashraf, Chief Secretary Punjab Kamran Rasool and high ranking officials of the government were present on the occasion.

Government, he said has taken unprecedented steps for the promotion of IT sector in the country and import of IT related items is tax free while the export policy is a liberal one.

He pointed out that government is planning to privatise the IT sector, as there are lot of opportunities for investors in this field. "I have envisioned software, hardware and telecommunication as most important in this sector," he added.

He went on to say that in collaboration with World Bank the computer literacy program is a fight against illiteracy. "Few people term this program a waste of time and money but the time has proved that our policy was right," he held.

He asked if India and Philippine's economies could get a boost through IT sector then why not Pakistan's?

He pointed out that new business groups are investing in IT sector.

"I have envisioned Pakistan as nation having one of the fastest improving GDP growth rate and in my opinion we could gain fruits through investment in IT sector," he underlined. 

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