Wednesday, May 6, 2009

IT Progress is possible if law, order improves

Pin It KARACHI: Pakistan’s progress in the IT field is linked to improvement in the law and order in the country. This was stated by Sindh Information Technology (IT) Minister Raza Haroon on Tuesday.

“The country has an immense potential for progress in IT, which can be realised by improved law and order situation to attract foreign investment in IT and other sectors of the economy,” he said while addressing the inaugural ceremony of 4th IT and communication technology exhibition and conference, Connect 2009 at Karachi Expo Centre. The mega event was attended by around 65 companies from China, India, Singapore besides USA and UK.

He disclosed that expression of interest (EoI) for Internet City project will be issued within a few months time period.

“This is a mammoth project for which IT Department has procured around 200 acres of land on lease from Sindh government,” he added.

The provincial minister said we would need joint ventures for this project as concrete plan for this mega project would be required from interested parties so that latest and innovative approach is adopted in its designing and planning.

He said that a significant financing particularly foreign funding would be required for this project and only improved law and order situation in the country would ensure the inflow of foreign direct investment.

Haroon applauded organisers for holding such exhibitions despite threats being faced by the country, both internally and externally, which he said bears testimony to their resolve against radical elements.

Speaking on the occasion, Haroon expressed high hopes that Pakistan will attract more investment by providing a stable government, improved law and order environment and skilled workforce.

Earlier Chairman PTA, Dr M Yasin, said that the government’s deregulation policies over the past decade have brought about increased competition that has helped achieve basic telephony coverage of 90 percent.

Ms Jehan Ara praised the local IT industry for growing at a 50 percent rate YoY for the past 4-5 years. She said that even in the face of the global economic crisis, Pakistan’s IT industry is still growing, albeit slower than the previously recorded pace.

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