ISLAMABAD: Minister for IT & Telecommunications Syed Amin-Ul-Haque on Monday said that Pakistan would surpass $3 billion IT exports target this year due to export boosting steps taken by the ministry.

Addressing a graduation ceremony held at the incubation centre of Lahore University of Management Sciences (LUMS), he said the country’s IT exports had crossed $2.1 billion due to the congenial investment atmosphere provided in Pakistan.

He said that the investments of Pakistani start-ups grew by almost five times as compared to 2020 and MOITT through Ignite has been providing both local and international networking platforms to our start-ups to pitch their business ideas and products to potential customers and investors, said a message received here.

The minister advocated for the role of technology in the government’s mission to grow the entrepreneurial ecosystem of Pakistan.

He said that National Incubation Centers (NIC) in Islamabad, Lahore, Peshawar, Karachi and Quetta have not only facilitated many to work and build on ideas which promote and encourage the investment infrastructure in Pakistan but also towards an accelerated economy.

These National Incubation Centers were the platform and Ministry was the facilitator.

“The newly established incubation centres of Hyderabad and Faisalabad would help us expand and tap into the potential of Sindh and Punjab, we wish to provide the youth with a forum to bring your ideas into reality,” he added.