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Govt sets target of $3.5bln IT exports for current fiscal year: IT Minister

ISLAMABAD: Minister for Information Technology (IT) Amin ul Haque has said that IT export target of 3.5 billion dollars has been set for the current fiscal year.

Addressing an event here on Wednesday regarding provision of high-speed mobile broadband services on Motorway three and five, he said the government is extending facilities to the IT industry to achieve the target which is seventy percent higher than the previous year.

He said the penetration of 4G services is increasing in the country with each month whilst our target is to launch 5G service by the end of next year. In his remarks on the occasion, Minister for Communications Murad Saeed said that projects have also been started in tribal districts and Balochistan to provide them with better internet services.

He said the revenues of the National Highway Authority and Pakistan Post have also increased due to the use of latest technology. He said given the talent of Pakistani youth, the IT sector will contribute immensely in the country’s economy.

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