Syed Aminul Haq, the Federal Minister for Information Technology and Telecommunication, announced that Google and the government have signed a contract for 45,000 scholarships this year, with the possibility of up to 450,000 the next year.
Google will award at least 40% of its scholarships to women. A $1.6 million building for gaming and animation has been built at NED University to boost the promotion and development of this industry. Aminul Haq also announced that the amount invested in Pakistan up to 2020 was $ 75 million, and by 2021 it had climbed to $ 373 million. Additionally, the regulatory obligation for mobile has been eliminated as of March 30.
The Federal IT Minister, Syed Aminul Haque, has created a policy to establish a mobile phone manufacturing industry in Pakistan. He also noted that there were five active incubation centers in the country’s major cities when he assumed leadership. Senator Abdul Haseeb Khan, a former chairman of KATI, has stated that IT has a crucial place for research and development and startups are performing a fantastic job. At the end of the most recent fiscal year, IT exports were at a level of $ 1 billion, but at the end of the most recent fiscal year, exports of $ 2.6 billion were recorded. This shows that Pakistan’s IT exports have increased and that the neighboring nation’s exports totaled $149 billion last year.
In the speech he gave, Mahin Salman stated that initiatives are being taken to create the kind of curricula that the market requires in professional educational settings. People used to earn a lot of degrees in the past, but they never managed to find employment. In conjunction with the industry, efforts are now being made to provide professional training that is in line with the demands of the modern period.
She added that the active startups today were only projects from the previous year that were launched successfully this year. Speaking at the event, KATI Senior Vice President Nighat Awan asked for the removal of the tax on equipment and supplies used in the information technology sector so that the industry can grow even more in the nation.
