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Pakistan offers huge opportunities for tech investments: PM Shehbaz

Premier says government plans to increase IT exports from $1.5bn to $15bn in the coming year

 

Prime Minister Shehbaz Sharif has stated that Pakistan offers huge opportunities for investments in technology sector. He said this while meeting Mr. Yi Xiang, Senior Vice President of Huawei.

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The prime minister said that foreign tech companies would be facilitated in all respects with regards to investment and expansion. The premier said that the incumbent government planned on increasing IT exports from $1.5 billion to $15 billion in the coming year. He added that a close collaboration with Huawei will result in training the youth of Pakistan through various mean including setting up ICT academies.

PM Shehbaz stressed that investments in the tech sector would increase employment and skills enhancement of Pakistani youth. He also emphasized on the need to speed up planning the collaborative efforts within a week.

The premier expressed satisfaction over Huawei’s long association with Pakistan and investments in the telecom sector. SVP Huawei Yi Xiang thanked PM Shehbaz and expressed interest in expanding Huawei’s footprint in Pakistan.

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Interior Minister Rana Sanaullah and Charge d’Affairs Chinese Embassy Pang Chunxue were also present during the meeting.

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