Pakistan Actively Supporting Investments, Exports in IT Industry: Minister

Tue Jul 02 2024
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BEIJING: Pakistan’s Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said Islamabad is actively supporting investments and exports in its IT industry.

She made the remarks while addressing the Global Digital Economy Conference in Beijing on Tuesday. The minister said Pakistan offers one hundred percent repatriation of capital, one hundred percent equity ownership and income tax credits for IT exports to foreign investors.

The Minister of State said the Pakistani government is working on the national digitization program.

Highlighting the potential of China-Pakistan cooperation in the field of IT, she said that the integration of digital technologies into CPEC projects holds the promise of unlocking new avenues of economic development, sustainable development and job creation.

Minister Shaza Fatima Khawaja arrived in Beijing yesterday to attend the Global Digital Economy Conference (GDEC) 2024 being held in the Chinese capital from July 2-5. She will also participate in the Euro Asia Pakistan Digital Economy Forum and take part in the panel discussions.

The state minister will meet with the President China Academy of Information and Communication Technology (CAICT), the Global Vice President NXP Semiconductors, and the Ali Baba Group.

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