PM approves Software City project for Islamabad.
Islamabad: Prime Minister (PM) Imran Khan recently provided his approval to the establishment of a ‘Software City’ on 40 acres of land in Islamabad; further outlining his vision to increase the value of software exports to USD 10 billion, a news source reported.
He expressed his views on the matter at a meeting wherein he discussed measures to boost the country’s IT export levels. To this effect, he underscored the government’s aim to reinvigorate the IT sector in Pakistan.
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He further announced a relief-package for small-scale software enterprises in order to bolster software exports. He stated that cities across the country would be connected with each other through the installation of telephone towers, in addition to the completion of the bandwidth and fiber optic process on an urgent basis.
Likewise, it was decided to interconnect the twin cities of Islamabad and Rawalpindi through the digitalization process.
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Moreover, Pakistani institutes would also be instructed to purchase from the local IT industry in tandem with the government policy to ax double taxation.
Earlier, PM Khan invited the German software giant SAP to contribute to the government’s ‘Digital Pakistan’ initiative and establish software labs across the country.