Dr. Umar Saif, caretaker Federal Minister for Information Technology and Telecommunications, has stated that preparations are being conducted to engage worldwide investors in the proposed venture capital for startups.
e-working Centres for Freelancers
The minister also stated that he will be visiting Saudi Arabia shortly, and that the government plans to establish 5,000 joint e-working centres for freelancers.
According to Dr. Umar Saif, interest-free loans to create joint E-Working Centres and to facilitate freelancers will result in millions of job prospects in the country.
5-Point Agenda
He stated that a productive discussion with Caretaker Finance Minister Dr. Shamshad Akhtar on a 5-point agenda relevant to the IT Sector had taken place.
The subject of dollar retention in the IT business was thoroughly explored, and positive news in this area is expected soon.
This action will not only transfer international IT accounts to Pakistan and restore investor trust, but it will also immediately increase the flow of funds into the country and the volume of IT exports.
Furthermore, Caretaker IT Minister Dr. Umar Saif stated that PSEB’s role should be redefined in order to assist IT companies in obtaining international clients and business.
As well as to brand Pakistan in the global market, while presiding over the 58th meeting of The Pakistan Software Export Board (PSEB) here on Thursday.
“Pakistan has a unique position in terms of its IT professionals and time zone, it is very important to introduce its IT/ITeS products to the world in the required manners.
PSEB must collaborate with Pakistan trade and commerce missions in Pakistani embassies world over to help grow the exports of Pakistani IT companies” he added.
Dr. Umar Saif urged PSEB to expedite all required actions for the training of 200,000 IT experts in order to increase IT exports by $5 billion. The meeting also covered topics such as the IT industry and expanding investment in the country.
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