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PM Shehbaz VEON Group discuss IT and 5G expansion in Pakistan Technology

The Government’s Commitment to IT and Digitisation

The Pakistani government, led by Prime Minister Shehbaz Sharif, has announced its commitment to promoting information technology (IT), digitisation, and artificial intelligence (AI) in the country.

The Importance of Telecommunications in Pakistan

Pakistan’s telecommunications sector has experienced significant growth in recent years, driven by increasing demand for mobile and internet services. The sector has become a vital component of the country’s economy, providing essential services to millions of people across the country.

Key Statistics

  • The number of mobile subscribers in Pakistan has grown from 20 million in 2007 to over 200 million today. The country has seen a significant increase in internet penetration, with over 40% of the population now using the internet. Mobile data traffic has grown by over 500% in the past five years, with an average of 5 GB of data consumed per user per month. ## The Role of Telecommunications in Promoting a Cashless Economy*

    • The Role of Telecommunications in Promoting a Cashless Economy

    The government’s emphasis on promoting a cashless economy is closely tied to the development of the telecommunications sector.

    The country has made significant progress in the development of its IT sector, with a growing number of startups and a thriving e-commerce market. The IT sector has also seen a significant increase in foreign investment, with many multinational companies setting up operations in the country.

    The Rise of Pakistan’s IT Sector

    Pakistan has emerged as a major player in the global IT industry, with a growing number of startups and a thriving e-commerce market. The country’s IT sector has seen significant growth in recent years, with a number of major companies setting up operations in the country. Some of the key factors contributing to the growth of Pakistan’s IT sector include:

  • A highly skilled workforce: Pakistan has a large and growing pool of skilled IT professionals, with many universities and colleges offering degree programs in computer science and related fields. A favorable business environment: Pakistan has a relatively low cost of living and doing business, making it an attractive destination for foreign investors. Government support: The Pakistani government has implemented a number of initiatives to support the growth of the IT sector, including tax incentives and subsidies for startups. ## The E-commerce Market in Pakistan*

    • The E-commerce Market in Pakistan

    Pakistan’s e-commerce market has seen significant growth in recent years, with a number of major players entering the market. The market is expected to continue growing in the coming years, driven by increasing internet penetration and a growing middle class.

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