IT Industry has contributed 98% to Pakistan’s economy by foreign exchange earnings, Anusha Rehman

Minister of State for Information Technology and Telecom Anusha Rehman on Monday lead the 36th meeting of the Boards of Directors of Pakistan Software Export Board (PSEB) to assess the work being done on various IT initiatives taken by PSEB including Prime Minister’s Internship Programme and Capability Maturity Model Integration (CMMI).

PSEB Acting Managing Director Syed Iftikhar Hussain Shah updated the board with achievemts of PSB over the last four years. The board was briefed that PSEB has showcased their work at 11 international trade fairs alongside over 65 IT companies, which are making above two thousand leads. This exhibition enhanced the perception of Pakistan as an important destination in terms of outsourcing and investment. According to him, exhibiting at the trade fairs also helped improve the image of Pakistan as a viable destination for outsourcing and investment, because PSEB’s participation in the exhibitions have increased Pakistan’s exports in all the countries that hosted the exhibitions.

According to him, because of the active PSEB technical and financial assistance throughout the past four years, over 30 selected IT professionals and 28 IT companies have been given certificates in Capability Maturity Model Integration (CMMi) platform. Apart from this, 134 companies have gotten certifications in ISO 9001, ISO27001 and ISO 20001 as PSEB empowered them to acquire exports from the developed markets.

The minister agreed and added that the great work done by Pakistan’s IT sector is evident from the fact that IT Industry exports have contributed 98% to Pakistan’s economy by foreign exchange earnings and job creation through growth in the past 4 years. She also said, “Due recognition must be extended to our freelancers who have catapulted Pakistan on the 4th spot on the largest freelancing website in the world.”

Anusha felt pride in the fact that Pakistan has a huge number of extremely talented youth, and the government is striving to provide them with the best resources and opportunities.

Anusha said that PSEB in partnership with National ICT R&D Fund (IGNITE) has recruited over 1,700 IT graduates as interns this year for having hands on experience with IT companies, as well as IT departments at Telcos/CMOs, banks, and also educational institutes. Among these interns, more than 60 percent received job offers after the completion of their training tenure.

According to her, the government is going to announce a national level digital skills training program to empower 1 million freelancers of the country who have an experience of over 5 years with the skills that are needed to increase their productivity.

Later, the minister also lead one more meeting and gave her approval for “DigiSkills”— an initiative to mentor 1 million youth with a focus to use technology in the best way by bringing excellence in technology, introducing innovation and respecting work ethics, alongside the vision of building a workforce for a future of the 4th Industrial Revolution.

She commented, “Our educational institutes are producing huge number of graduates every year. More than 20,000 IT graduates and engineers are being produced annually and it’s time that we prepare our workforce for new technologies in line with fast growing trends of freelancing and entrepreneurship.”