IT industry growth surpassing all traditional sectors

Tech

Information Technology and Telecom Minister Syed Amin Ul Haque said on Sunday that the recent growth of the IT industry was exceptional and exceeded all conventional sectors.

“Our IT industry’s recent growth figures are remarkable and surpass all traditional sectors in the country,” the minister said while attending a celebration ceremony.

He was of the opinion that this was the right time for conventional sectors of the country to consider the potential of Pakistan’s IT export market, a press release said.

“With an overwhelming business response, Pakistan needs serious investment not only from the government, but also from the private sector in branding, infrastructure and capacity building and other resources,” he added.

The Minister also recognized and applauded the latest award of Systems Ltd. as Forbes Asia’s best under a billion award in 2020.

The Best Under A Billion list for Forbes Asia aims to recognize the region’s high achievements through various industries. System Ltd. competed with annual sales above US $ 10 million and below US $ 1 billion among 18,000 publicly traded companies in the Asia-Pacific region and secured a place amongst 200 Asian companies.

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