In order to revitalise Pakistan’s IT sector, which has many potentials, Google Inc. has launched a scholarship programme available to 15,000 brilliant young individuals from that nation.
The American IT giant intends to invest $3.5 million in Pakistan, according to Senator Dr. Afnanullah Khan, a member of the Senate Standing Committee on Information Technology.
In a similar vein, he predicted that selling 5G licences would generate billions of dollars in foreign exchange and result in considerable venture capital investment in the private sector. According to the senator, Pakistan’s exports of information technology (IT) may easily exceed $10 billion over the course of the following five years with careful planning.
In addition, he stated that the South Korean government had granted Pakistan’s information technology industry a loan of one billion dollars at an interest rate of 0.1 percent.
“There are many different facets of information technology that Pakistan may concentrate on in order to emerge as an information technology giant in the region very soon.”
The senator said he was working toward revolutionizing the country’s information technology industry in collaboration with the government and on his own initiative. “I have a higher education in the field of information technology and I want to use it for the good of the country,” you say. “I want to utilize it for the benefit of the country.”
Senator Khan has successfully finished information technology projects totaling hundreds of millions of dollars and possesses a doctorate in information technology from Oxford University. He stated that the leadership of the PML-N was aware of the struggles that Pakistanis were going through and that they desired for the country to grow more in the IT industry because, in contrast to investments in other industries, investments in the IT sector paid off exceptionally rapidly. He claimed that the leadership of the PML-N was aware of the struggles that Pakistanis were going through.
He asserted that one significant endeavor now underway entailed sending members of the information technology workforce to countries such as Japan. Consequently, he said that “every effort would be made to strengthen the government’s attention on this issue in order to remove the impediments to international investment.”
