Categories: Uncategorized

IT Minister invites Germany’s Telecom companies for investment

F.P. Report

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Amin-Ul-Haque Wednesday invited Germany IT and Telecom companies to invest in Pakistan.

“IT and Telecom companies of Germany must invest in Pakistan as environment for investment in Pakistan is conducive” the minister expressed these views during a meeting with German Ambassador to Pakistan Bernhard Schlagheck, said a news release.

Federal Secretary Ministry of IT and Telecommunication Shoaib Ahmad Siddiqui was also present in the meeting.

The two sides agreed to enhance cooperation in IT and Telecommunication sector. The minister said Pakistan greatly values its relations with Germany and wanted to enhance cooperation between the two countries in the field of IT and Telecom. He said that steps are underway for fulfilling Digital Pakistan Vision.

He said that Ministry of IT & Telecom was taking strong initiatives for the development of IT and Telecom sector, adding that IT & Telecom sector of Pakistan has great potential.

The minister said that Information and Communication Technology (ICT) export remittances surged to US $958 million at growth rate of 40 % during July –December of FY 2020-21 in comparison to same period of last financial year.

Ambassador of Germany appreciated the role of Minister of IT & Telecom regarding digitalization and for the development of IT and telecom sector of Pakistan.

Meanwhile, Federal Minister for IT and Telecommunication Syed Amin Ul Haque held virtual meeting with Director  International Telecommunication Union (ITU)-BDT Doreen Bogdan-Martin

During meeting they discussed about connectivity and telecommunication services.

While talking to ITU Director, the minister said that his ministry was  fully committed to end the digital divide between urban and rural areas of the country.

Steps are being taken through Universal Service Fund (USF) for the provision of broadband services in unserved and underserved areas of the country.

He said that the empowerment of women and youth is the motto of the Ministry of IT & Telecom. 

He said that Ministry of IT & Telecom fully support ITU’s proposed agenda to launch initiatives like Giga and Smart Villages in Pakistan. Ministry of IT is committed to play its due role as a focal ministry to engage with all the stakeholders to spearhead the implementation of ITU’s initiatives in Pakistan.

The Frontier Post

Recent Posts

Gold prices hit record high as global market surges

F.P. Report KARACHI: Gold prices have shot through the roof, touching the highest level in…

15 minutes ago

Global long-dated bond pressure deepens, spreading to Japan

TOKYO (Reuters): Aglobal pressure on long-dated bonds extended into Asia on Wednesday, with Japanese yield…

17 minutes ago

UK deputy PM urged to resign after admitting property tax underpayment

LONDON (Reuters): Angela Rayner, the deputy British prime minister, faced growing calls to resign on…

17 minutes ago

EU submits Mercosur deal for approval, French opposition softens

BRUSSELS (Reuters): The European Commission on Wednesday submitted the EU's trade agreement with South America's…

18 minutes ago

Hanif, UN officials discuss expediting aid to quake victims

Kabul (Pajhwok): The Ministry of Economy (MoE) has urged the international community to continue its…

33 minutes ago

Kabulov: ISIS Is the most dangerous international terrorist group

KABUL (TOLONews): Russia’s special envoy for Afghanistan says that, from Moscow's viewpoint, the most dangerous…

33 minutes ago

This website uses cookies.