Home News Chinese Delegates Expressed their Interest to Invest in IT and Telecom Sector

Chinese Delegates Expressed their Interest to Invest in IT and Telecom Sector

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Chinese Delegates Expressed their Interest to Invest in IT and Telecom Sector

A delegation of a Chinese conglomerate visited Ministry of IT on Wednesday to reconnoiter investment openings in IT sector under Pak-China economic corridor.

The delegation was briefed about the vast investment opportunities offered to Chinese companies by the country’s internet sector. The broadband penetration has increased from 3% to 15% over a short span of less than a year, and has a potential to grow. Visiting delegation revealed their interest in IT parks, telecom infrastructure and local manufacturing of mobile phones.

Chinese Delegates Expressed their Interest to Invest in IT and Telecom Sector

Also Read: CM Approves to Set up Information Technology University at the Knowledge Park

Chinese delegates expressed their assurance to continue their time tested collaboration with Pakistan and were committed to finance in significant sectors of economy to help earn conjoint profits.The delegation Head Song acknowledged Minister for IT Anusha Rahman and exhibited his word to bring the big Chinese companies to invest in IT and telecom sector.

Also Read: Minister Anusha Rehman Asks ICT Companies to Boost their Presence in Pakistan

Cabinet Division revealed in a separate development that it has shifted 68% of total office operations on Computer based E-Office software. Federal Secretary Establishment Division Nadeem Hassan Asif informed ministry of IT officials during a meeting that within a matter of no time the entire division will be totally transferred to e-office suit, a paperless environment.

Also Read: Punjab Government Signs MoU with Chinese Companies to Establish an Information Industry Park