Minister Shaza Khawaja Leads Pakistan-China IT Collaboration

Web DeskJuly 3, 2024 04:43 AMtech
  • Pakistan emerges as key player in global outsourcing market
  • Prime Minister Shahbaz Sharif establishes national digitization commission
  • Collaboration between Pakistan and China enhances IT sector growth
Minister Shaza Khawaja Leads Pakistan-China IT CollaborationImage Credits: urdupoint
Pakistan and China strengthen IT collaboration, focusing on growth, innovation, and technology transfer for a digitally empowered future.

Pakistan and China have been making significant strides in harnessing the potential of the IT sector. With approximately 20,000 registered IT and IT-enabled Services (ITeS) companies in Pakistan exporting to over 170 countries, the country has emerged as a key player in the global outsourcing market. Offering attractive incentives such as 100% equity ownership and income tax credits, Pakistan has become a favored destination for foreign investors.

During a recent visit to China, Minister of State for Information Technology and Telecommunication, Shaza Fatima Khawaja, stressed the importance of international collaboration in digitizing economies. This emphasis on partnerships aims to enhance Pakistan's digital landscape and contribute to the global digitization process.

Prime Minister Shahbaz Sharif's focus on digitization, evident through the establishment of a national digitization commission, highlights the government's dedication to technological advancement. This strategic move signifies Pakistan's commitment to becoming a digitally empowered nation.

For Chinese companies eyeing expansion into Pakistan, the country's sizable youth population serves as a valuable human resource pool. With policies like the special technology zones authority and export promotion zones, Pakistan offers numerous incentives for foreign companies seeking to establish a presence in the region.

The collaboration between Pakistan and China also emphasizes technology transfer through joint ventures and investments. The exchange of technical expertise and human resources between the two countries plays a crucial role in enhancing the IT sector's growth.

Minister Shaza Fatima Khawaja is currently leading a delegation of 20 IT companies from Pakistan to explore business opportunities and partnerships with Chinese firms at the Global Digital Economy Conference 2024 in Beijing. This conference aims to foster global cooperation and innovation in the digital economy, further strengthening the ties between Pakistan and China in the IT realm.

The partnership between Pakistan and China in the IT sector showcases a promising future for both countries. With a focus on collaboration, innovation, and technology transfer, the two nations are paving the way for a digitally empowered future. As they continue to work together, the possibilities for growth and development in the IT industry are endless, promising a brighter tomorrow for both Pakistan and China.

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