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Pakistan Expects to Achieve $6b Software Exports by 2020: Anusha

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Pakistan Expects to Achieve $6b Software Exports

Pakistan is one of those countries who are improving in IT and Telecom sectors. Now Ministry Expects to Rise up Software Exports. Ministry of Information Technology and Telecommunication claims that Pakistan expects to Achieve $6b Software Exports by 2020. Currently, the software exports include around $2.7 billion only.

To achieve this milestone, ministry asked the authorities to speed up the process of establishing seven technology incubation centers nationwide. The establishment of these centers is expected to be finished as soon as possible. Moreover, the main purpose  of these centers is to provide training to the youth.

Pakistan Expects to Achieve $6b Software Exports by 2020: Anusha

See Also: Launch Ceremony of Pakistan’s First National Incubation Center

Yusuf Hussain, Ignite CEO, has stated that

“More than 30 consortia comprising over one hundred companies have submitted their bid proposals for four new incubation centers (one in each province).”

The incubation center’s establishment was left to Ignite, with Anusha Rahman at its head. According to the ministry’s spokesperson, Saghir Anwar,  the proposals for speeding up the process are being scrutinized.

It will be a two-level scrutiny and will consist of shortlisting of all of the companies that will meet the criteria. Moreover, not only the criteria, their financial bids are also to be considered. Most probably, the project will be awarded in start of May.

Apart from this, the company is planning to invite applications from other companies who are interested in the project to establish the three specialized incubation centers. These incubation centers will be the Internet of Things, Fin-Tech, and Robotics. Moreover, all three centers will most likely be set up in Islamabad.

The purpose of these incubation center is to provide proper guidelines for their students and give them job opportunities. No doubt, these centers will play a vital role in developing the ICT skills. The ultimate goal here is to create a better future for the young students and give them as many opportunities as possible.

Also Read: MoITT to launch National Incubation Center in Islamabad on 7th February