Pakistan eyes up to $10 billion IT exports annually in next three years

In this picture taken on January 8, 2022, employees of Taza Transforming Agriculture talk with customers at a call centre in Lahore, Pakistan. (AFP/File)
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Updated 23 November 2023
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Pakistan eyes up to $10 billion IT exports annually in next three years

  • Caretaker Minister Dr. Umar Saif on Thursday unveiled Pakistan’s first ever IT and IT-enabled Services export strategy 
  • The strategy, developed by Pakistan along with its global partners, is closely aligned with the vision to boost IT exports

ISLAMABAD: Pakistan’s Caretaker Information Technology Minister Dr. Umar Saif on Thursday unveiled the country’s first ever IT and IT-enabled Services (ITeS) export strategy, which aims to increase Pakistan’s IT exports up to $ 10 billion in the next three years. 

The strategy has been developed by the Pakistan Software Export Board (PSEB), under the Pakistani Ministry of IT and Telecommunication, in collaboration with PricewaterhouseCoopers (PwC) and other international partners, which is closely aligned with Pakistan’s vision to boost IT exports. 

Dr. Saif said information and communication technology (ICT) was the only key to open the door to stabilizing and strengthening Pakistan’s economy. 

“According to the official figures, [Pakistan’s] IT exports are $2.6 billion, we will add another 200,000 skilled people to the existing IT workforce, which will increase exports to $ 5billion,” the minister said at a ceremony in Islamabad. 

“Similarly, allowing IT companies to keep dollars (dollar retention facility) will increase exports by one billion dollars, while the establishment of The Pakistan Startup Fund will increase the total volume of IT exports by another $1 billion to help it meet the target of $10 billion.” 




Pakistan Information Technology Minister Dr. Umar Saif is addressing the launching ceremony of the country’s first-ever IT and IT-enabled Services (ITeS) export strategy in Islamabad, Pakistan, on November 23, 2023. (Ministry of Information)

The minister emphasized the strategy’s potential, presenting a vision that prioritizes human resource development, capacity building, the implementation of a freelancers’ facilitation program, a startup funding initiative, and the nurturing of a resilient IT ecosystem. 

He said the comprehensive approach extended to the facilitation of business-friendly policies and international marketing efforts, ensuring a dynamic environment that could propel the industry to flourish on the global stage. 

“This report confirms that there is a substantial opportunity for Pakistan to grow its IT/ITeS Export revenues to $10-$18 billion by 2028 and would make Pakistan a Global IT hub, with a commensurate increase in the domestic industry to over $6 billion per annum,” Dr. Saif said. 

“Additionally, an increase of activity, capacity, and capability of the IT/ITeS Industry will have spin-off benefits for associated industries and the economy at large – for example e-Commerce, Financial Services, or the provision of public services (e-Government).” 

Zohaib Khan, chairman of Pakistan Software Houses Association (P@SHA), delivered a resonant message on the critical role of the IT industry in shaping Pakistan’s economic landscape. He underscored the pivotal importance of the industry’s participation, emphasizing how the report was meticulously guided by industry insights. 

Gerard Newman, the study project director and a former senior partner of PwC UK, shed light on the significant opportunities for Pakistan’s IT export revenues. He identified priority market segments with significant global market size and relatively limited competition, and the need for an enabling business environment to support the growth of Pakistan’s IT industry. 

The ceremony also featured a panel discussion with industry experts, addressing key aspects of the strategy, including challenges and the way forward. The discussions emphasized unanimous agreement on strategies to remove current constraints and penalties inhibiting the industry’s growth, according to the Pakistani IT ministry. 

The event underscored Pakistan’s commitment to elevating its IT export revenues, aiming for substantial growth of over $10 billion annually in the upcoming years. 


Noman and Sajid help Pakistan dominate West Indies in spin battle

Updated 4 sec ago
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Noman and Sajid help Pakistan dominate West Indies in spin battle

  • The spin duo shared nine wickets between them to dismiss West Indies for 137
  • Pakistan stretched their lead to 202 by scoring 109-3 in their second innings

MULTAN: Noman Ali and Sajid Khan guided Pakistan to a strong position against the West Indies after another spin-dominated second day’s play in the opening Test in Multan on Saturday.
The spin duo shared nine wickets between them to dismiss the West Indies for 137 in reply to the home team’s 230 all out.
By the close, Pakistan stretched their lead to 202 by scoring 109-3 in their second innings, with Kamran Ghulam and Saud Shakeel batting on nine and two respectively when bad light ended play 25 minutes early.
Left-arm spinner Jomel Warrican (2-17) dismissed Muhammad Hurraira for 29 after an opening stand of 67 and Babar Azam for a second failure, trapped leg-before for five.
Skipper Shan Masood looked solid for his 52, hitting two sixes and two fours, before Warrican ran him out after attempting a quick single.
“The weather is foggy so if we have continuous play and take our lead over 300 then we can win this Test,” said Sajid.
“It’s great to bowl with Noman, who always guides me.”
Warrican wants the target to be under 250.
“Obviously we don’t want to get the lead go over 250 because it’s a spin-favoring surface,” said Warrican.
“We need a good comeback in batting the second time around on this pitch.”
The dry and grassless Multan pitch has already produced 23 wickets in six sessions — 19 on day two — even though two-and-a-half hours were lost on day one and another 30 minutes on Saturday because of poor visibility.
Noman grabbed 5-39 for his seventh five-wicket haul in Tests while Sajid finished with 4-65 to dismiss the West Indies after lunch in a first innings that lasted just 25.2 overs.

Pakistan’s Noman Ali, center, celebrates with teammates after taking the wicket of West Indies Kevin Sinclair during the day two of the first Test cricket match between Pakistan and West Indies, in Multan on January 18, 2025. (AP)

Noman and Sajid, who shared 39 of the 40 wickets in the last two Tests against England in Pakistan’s 2-1 series win last year, were once again unplayable.
Sajid opened the bowling and removed Mikyle Louis (one), Keacy Carty (0), Kraigg Brathwaite (11) and Kavem Hodge (four) in his first three overs.
Noman then further jolted the tourists with another four wickets to leave them tottering on 66-8.
The tailenders showed more resistance, with number 10 batsman Warrican unbeaten on 31 and Gudakesh Motie adding 19.
Jayden Seales was the last wicket to fall for 22.
Seales hit three sixes before holing out off spinner Abrar Ahmed.

West Indies Jomel Warrican, center, celebrates with teammates after taking the wicket of Pakistan’s Salman Ali Agha during the day two of the first test cricket match between Pakistan and West Indies, in Multan on January 18, 2025. (AP)

Earlier, Warrican took 3-69 as Pakistan lost their last six wickets for 43 runs after resuming at 143-4.
Shakeel top-scored for Pakistan with 84 off 157 deliveries, including six boundaries, while keeper Mohammad Rizwan added 71.
Shakeel added an invaluable 141 for the fifth wicket with Rizwan, lifting Pakistan from a precarious 46-4 on day one.


Pakistan begins mandatory Hajj training by holding first session in Peshawar

Updated 10 min 12 sec ago
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Pakistan begins mandatory Hajj training by holding first session in Peshawar

  • The country’s religious affairs ministry plans to hold the training sessions at 147 locations across Pakistan
  • These sessions will use audiovisual material and conclude before the Muslim fasting month of Ramadan

PESHAWAR: Pakistan’s religious affairs ministry on Saturday initiated mandatory training sessions for pilgrims performing this year’s Hajj under the government scheme by holding the inaugural session in the northwestern city of Peshawar.
Earlier this month, Pakistan and Saudi Arabia signed the annual Hajj agreement in Jeddah, which formally confirmed that the South Asian nation would send 179,210 people to perform the pilgrimage this year.
More than 200 pilgrims participated in the first session in Peshawar, held at a private educational institution in the city.
Muhammad Umair Butt, the ministry spokesperson, told Arab News that authorities have planned the mandatory Hajj training sessions at 147 locations across the country.
“According to the Saudi government’s instructions, we have to provide training to Hajj pilgrims to acquaint them with the administrative affairs and other Hajj rituals so they can complete their worship properly,” he said, adding the sessions were also designed to sensitize pilgrims on how to spend their time in Saudi Arabia.

Trainer briefs selected Pakistani pilgrims during Hajj training workshop in Peshawar on January 18, 2025, ahead of the annual pilgrimage in June this year. (AN Photo)

Butt said the training sessions would cover all required topics in two sittings.
“These sessions will be concluded before [the Muslim fasting month of] Ramadan,” he said. “The sessions will be held from January 18 to February 27 across the country in every province.”
The religious affairs ministry has taken several initiatives this year to facilitate pilgrims, including the launch of the Pak Hajj 2025 mobile application to guide them.
The app is available for both Android and iPhone users.

Selected Pakistani pilgrims attend Hajj training workshop in Peshawar on January 18, 2025, ahead of the annual pilgrimage in June this year. (AN Photo)

The ministry spokesperson said each sitting of the training session will last for about three hours, during which pilgrims will receive guidelines through audiovisual material.
Speaking to Arab News, participants of the training session expressed satisfaction with the information shared, saying multiple questions they had about the Hajj rituals had been answered.
“It is good that I attended the first session in which they provided detailed information about the app,” Mujib-ur-Rehman Bhatti, a resident of Peshawar’s Gulbahar neighborhood, said after participating in the training.

Trainer briefs selected Pakistani pilgrims during Hajj training workshop in Peshawar on January 18, 2025, ahead of the annual pilgrimage in June this year. (AN Photo)

He added the ministry had informed all the pilgrims in detail about how to overcome common problems reported during Hajj.
“The things they taught us were for our own ease and can save us from tension ahead,” Bhatti said.
Another participant of the session, Ali Khan, an official at the Civil Aviation who is planning to perform Hajj with his family, called it a “brilliant program.”
“Everything was explained quite well and in significant detail,” he said. “We gathered information from videos, YouTube and other sources. The session was very practical and important.”

Selected Pakistani pilgrims attend Hajj training workshop in Peshawar on January 18, 2025, ahead of the annual pilgrimage in June this year. (AN Photo)

 


Pakistan eyes $3 billion investment as Sindh announces China-backed special economic zone

Updated 18 January 2025
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Pakistan eyes $3 billion investment as Sindh announces China-backed special economic zone

  • CM Murad Ali Shah emphasizes its transformative potential amid hopes for over 100,000 jobs
  • Dhabeji SEZ will be located near Karachi’s ports, offering connectivity to regional trade routes

KARACHI: The provincial administration of Sindh on Saturday announced the establishment of a special economic zone after the signing of a memorandum of understanding supported by Chinese authorities, projecting the initiative to transform Pakistan’s economy by attracting $3 billion in investment and creating over 100,000 jobs.
The announcement is part of the second phase of the China-Pakistan Economic Corridor (CPEC), which aims to enhance industrial development by setting up such economic zones. The first CPEC phase focused on infrastructure and energy projects, while the second phase emphasizes industrial collaboration between the two countries.
The Dhabeji Special Economic Zone (SEZ), which is being developed under public-private partnership by the Sindh administration, is strategically located near Karachi’s ports, offering connectivity to regional trade routes to position it as a vital industrial hub.
“The Dhabeji SEZ is set to transform Pakistan’s economic landscape,” Sindh Chief Minister Syed Murad Ali Shah said, according to an official statement released after the MoU signing.
He added the project would stimulate industrial growth, reduce reliance on imports, boost exports and create a self-reliant and sustainable economy.
Special Assistant to the CM on Investment, Syed Qassim Naveed Qamar, also highlighted the SEZ’s transformative potential.
“This SEZ will create over 100,000 direct and indirect jobs, promote value-added industries and empower local communities through skills development.”
The MoU signing ceremony was also attended by members of the Sindh Cabinet, senior officials and other dignitaries.


Pakistan becomes first country to implement global initiative for digital foreign investment — PM

Updated 18 January 2025
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Pakistan becomes first country to implement global initiative for digital foreign investment — PM

  • The initiative, a collaboration of World Economic Forum and Digital Cooperation Organization, aims to target emerging markets
  • Pakistan focused on four pillars as part of the initiative: digital infrastructure, adoption, new activities and services exports

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday reaffirmed his commitment to cultivating a thriving digital investment ecosystem as Pakistan became the first country to implement a global initiative to drive digital foreign direct investment.
The Digital Foreign Direct Investment Initiative, a collaboration of the World Economic Forum (WEF) and the Digital Cooperation Organization (DCO), was launched in 2022 to enhance cross-border digital investment, particularly in emerging markets.
Pakistan was the first country to volunteer to implement the initiative, marking the beginning of the Digital FDI-Enabling Project (DEP) in 2022. The project is structured around four pillars: digital infrastructure, digital adoption, new digital activities and digital services exports.
In its report issued on Friday, the WEF outlined targeted actions taken by the DEP team in critical areas for growth, carefully tailored to Pakistan’s socioeconomic conditions, regulatory framework and evolving digital landscape.
“From expanding revenues to increasing workforce and global exports, Pakistan is scaling new heights in its stride for digital transformation,” PM Sharif said on X, adding that he was “proud” to witness Pakistan as the first country to implement the initiative.
“We reaffirm our unwavering commitment to cultivating a thriving digital investment ecosystem, paving the way for #DigitalProsperity4All.”
In its report, the WEF noted that a consultative and data-gathering process identified 55 policy options as possible recommendations for addressing gaps in Pakistan’s digital ecosystem and attracting more digital FDI.
These insights were consolidated in a Findings Note that was reviewed by government partners and key industry stakeholders and presented to participants at a consultative workshop. The policy options were collectively prioritized to establish priority actions, according to the report.
Throughout the project, key stakeholders across each category were actively engaged through a series of consultations, follow-up meetings and a dedicated stakeholder workshop. This comprehensive engagement provided invaluable insights into Pakistan’s digital landscape and investment ecosystem to inform the project’s direction and outcomes.
“Pakistan is striving to boost digital foreign direct investment in the country by promoting a ‘digital-friendly’ investment climate,” the report read.
Last year, Pakistan’s State Minister for Information Technology (IT) Shaza Fatima Khawaja said the South Asian country planned to establish a National Digital Commission to ensure digitization of its economy and governance.
The commission will not only improve governance and tax collection efficiency, but it will also make the inter-ministerial coordination smooth, according to Khawaja.
Pakistan, faced with an economic meltdown in recent years, has made rigorous efforts to introduce structural reforms to revive its $350 billion economy.
Khawaja said paperless governance was “vital” to speed up the government operations and the commission would help remove procedural bottlenecks.
Pakistan is part of the 16-member DCO, the world’s first standalone international intergovernmental organization, which focuses on the acceleration of growth of an inclusive and sustainable digital economy.
Other members of the multilateral organization, founded in November 2020, include Bahrain, Bangladesh, Cyprus, Djibouti, Gambia, Ghana, the Hellenic Republic (Greece), Jordan, Kuwait, Morocco, Nigeria, Oman, Pakistan, Qatar, Rwanda and Saudi Arabia, collectively representing nearly $3.5 trillion in GDP and a market of nearly 800 million people, more than 70 percent of whom are under the age of 35.


Noman and Sajid give Pakistan lead in spin-dominated first Test

Updated 18 January 2025
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Noman and Sajid give Pakistan lead in spin-dominated first Test

  • Noman grabbed 5-39 for his seventh five-wicket haul in Tests, Sajid finished with 4-65
  • Pakistan earlier lost their last six wickets for 43 runs after resuming the day at 143-4

MULTAN: Spin pair Noman Ali and Sajid Khan shared nine wickets between them to give Pakistan a 93-run lead on the second day of the opening Test against West Indies in Multan on Saturday.
Noman grabbed 5-39 for his seventh five-wicket haul in Tests, while Sajid finished with 4-65 to dismiss the West Indies for 137 after lunch in a first innings that lasted just 25.2 overs.
Pakistan earlier lost their last six wickets for 43 runs after resuming at 143-4 and were bowled out for 230 in their first innings.
The dry and grassless Multan pitch has already produced 20 wickets in five sessions even though two-and-a-half hours were lost on day one, and another 30 minutes on Saturday, because of poor visibility.
Noman and Sajid, who shared 39 of the 40 wickets in the last two Tests against England in Pakistan’s 2-1 series win last year, were once again unplayable.

Sajid opened the bowling and removed Mikyle Louis (one), Keacy Carty (0), Kraigg Brathwaite (11) and Kavem Hodge (four) in his first three overs.

Pakistan’s Said Khan (center) celebrates with teammates after taking the wicket of West Indies Mikyle Louis during the day two of the first Test cricket match between Pakistan and West Indies, in Multan on January 18, 2025. (AP)

Noman then further jolted the tourists with another four wickets to leave them on 66-8.
The tail-enders showed more resistance, with number 10 batsman Jomel Warrican unbeaten on 31, with Gudakesh Motie adding 19 and Jayden Seales the last wicket to fall for 22.
Seales hit three sixes before holing out off spinner Abrar Ahmed.
Warrican also took 3-69 in Pakistan’s innings.

West Indies Jomel Warrican (third left) celebrates with teammates after taking the wicket of Salman Ali Agha during the second day of the first Test match against Pakistan in Multan, Pakistan, on January 18, 2025. (PCB)

Saud Shakeel top-scored for Pakistan with 84 off 157 deliveries, including six boundaries, while keeper Mohammad Rizwan added 71.
Shakeel added an invaluable 141 for the fifth wicket with Rizwan, lifting Pakistan from a precarious 46-4 on day one.
Kevin Sinclair sparked the Pakistan batting collapse by taking Shakeel’s wicket with the first ball after drinks.

Pakistan’s Saud Shakeel, center, plays a shot during the day two of the first test cricket match between Pakistan and West Indies, in Multan on January 18, 2025. (AP)

He then trapped Rizwan leg-before off a missed reverse sweep, the original decision of not out overturned on review.
Rizwan’s 133-ball stay included nine boundaries.
Sajid hit a boundary and a six in a rapid-fire 18 before he was bowled by Warrican on the stroke of lunch to end Pakistan’s innings.