The federal government has announced a broad plan to increase its technology sector through major infrastructure projects, digital services and foreign investment drives.
Speaking at Leaders in Islamabad Business Summit On Wednesday, the federal minister of IT and Telecom Shaza Fatima said the country is preparing to launch more initiatives aimed at modernizing its digital landscape and adapting to rapidly developing global technology trends.
Among the most important projects are the opening of Pakistan’s first dedicated IT park in Islamabad, set for inauguration on August 14 this year, followed by a similar park in Karachi.
The parks aim to supply custom-built spaces for tech startups, freelancers and export-oriented software companies.
The minister also revealed plans for a pilot Smart Islamabad project and a new ‘Super App’ to the capital, designed to integrate public services and improve urban management through digital platforms.
Fatima emphasized that business registration procedures in Islamabad will be moved completely online in the coming months, allowing entrepreneurs to access all required permits and services digitally.
She quoted similar successful models in international cities such as Shenzhen, China.
In a step to attract foreign investors, Pakistan will host a summit for foreign foreign investment on 28-29. April in collaboration with Saudi Arabia.
The event aims to promote investment opportunities in Pakistan’s growing digital economy.
In addition, the government develops 250 employment centers nationwide and converts available buildings to that parks, creates new job opportunities and supports the technology sector’s infrastructure.
Fatima stated that every dollar spent on the marketing of Pakistan’s technology sector yields about $ 49 in return, emphasizing the economic potential of the industry.
The government has set an ambitious $ 25 billion target in that export in the coming years.
She emphasized the importance of embracing technologies such as artificial intelligence and quantum calculation and warned that lack of adaptation could isolate Pakistan from global progress.
“The world is moving fast. If we do not follow, we risk being left behind,” Fatima said.