Telecom Revenue to Reach USD 17 billion by 2025- Anusha Rehman

Ms. Anusha Rehman, Minister of State for IT, said that the telecom sector is improving as compared to past few years. She was making key note address at a seminar organized by National Technology Group (NTG) of Saudi Arabia, on 27th April 2015. which was attended by NTG, PSEB, and many other Industry Professional in Islamabad and Rawalpindi present at the seminar. The Minister said:

[pull_quote_center]“We are working for the development of telecom sector on priority basis. The telecom revenue will reach USD 17 billion by 2025; this revenue is currently around $4 billion. Government of Pakistan is also establishing tele centres in different areas of the country, especially in rural areas.”[/pull_quote_center]

Ms. Anusha Rahman also said that:

[pull_quote_center]“The ministry’s vision is to put in place an accelerated digitization ecosystem to enable socio-economic development, to expand Pakistan’s knowledge-based economy, and to spur the economic growth. Pakistan and Saudi Arabia have are brother countries and the PSEB will offer full support to NTG in its new endeavor in Pakistan and  this will be a successful initiative.”[/pull_quote_center]

MD PSEB, Asim Shahryar Husain, also made a presentation and said that PSEB has been promoting Pakistan’s ICT Sector and remittances from this sector are expected to exceed half a billion dollars during 2014-15 whereas exports are estimated to reach $2 billion a year which is a growth of 35% over last year. He remarked:

[pull_quote_center]“Pakistani IT companies have not been able to reach their full potential because of limited financing and marketing. Hence, NTG offers a good opportunity to mid-sized IT companies of Pakistan to grow to the next level by providing them access to both capital as well as new markets.”[/pull_quote_center]

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