ISLAMABAD: Prime Minister Imran Khan has said that the incentives offered by the government to Special Technology Zones will not only revolutionize the IT sector but can also address major economic problems of the country. 

On the launch of Special Technology Zones Authority, Imran Khan said Information Technology was a revolutionary sector that needed to be exploited by companies in the country to meet the demands of the contemporary world. He said that STZs should have been established a long time ago and Pakistan has to catch up with other developed economies. He said only those companies gained during coronavirus pandemic that adapted to IT well in time.

The prime minister said recently in a seminar at National Defense University detailed presentation was given on the potential of the IT sector and impediments which hampering its growth. “They elaborated in detail about the problems they face with FBR and State Bank over IT-related issues,” he remarked. He said the main objective of the establishment of Special Technology Zones was to incentivize the IT sector to make it flourish for the benefit of the country. “Through IT exports we can earn huge foreign exchange which can also stop our dependence on IMF to bail us out again and again,” he observed.

He said with the second youngest population in the world, Pakistan could utilize the IT sector in providing employment to its youth. Also, the Pakistani nationals working in other countries could benefit from the Special Technology Zones, he added. The Prime Minister said great responsibility lay on Chairperson STZA Amer Ahmed Hashmi for creating a boom in the IT sector of Pakistan. 

Earlier, the Prime Minister inaugurated the Special Technology Zones Authority which will focus on the growth of the scientific and technological ecosystem.


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