Govt taking steps to boost foreign investment in IT sector: PM Kakar

ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar on Wednesday said the government was taking steps to boost foreign investment in the Information Technology (IT) sector.

“In this regard positive progress has already been made,” the prime minister said while chairing the 5th meeting of Board of Governors of Special Technology Zones Authority.

To promote and develop the country’s IT sector, he directed the concerned authorities to chalk out necessary policies to attract international IT experts in Pakistan.

PM Kakar highlighted that the Information Technology sector could play vital role in strengthening the country’s economy as Pakistan had huge potential in this sector.

During the meeting, various matters linked to the Special Technology Zones Authority came under discussion.

The meeting endorsed the decisions concluded during the 4th meeting of the Board of Governors of Special Technology Authority.

The meeting also approved the re-structuring of the finance, audit and technical committees of the Board of Governors of the Authority.

Furthermore, the meeting also approved the presentation of drafts of the Authority’s licensing framework, procedures and face regulations before the technical committee.

Federal Secretaries of Cabinet, Finance, Information Technology, Science and Technology, Chief Secretaries of all the provinces and other Board members attended the meeting.