Peshawar
\nThe digital economy is taking shape and undermining conventional notions about how businesses are structured, firms interact and consumers obtain services, information, and goods. Here Information Technology has assumed a central and enabling role in the emerging dynamics of a knowledge-based society and economy.
\nThe Information Technology sector in Pakistan is carving a differentiated position as the preferred source for software development, Business Process Outsourcing, and freelancing. Pakistan has been ranked at number four for freelance development in the world and its IT exports have increased 70% during the last few years.
\nAbout 60% of its 200 million populations in the 15 to 29 age group, Pakistan represents an enormous human and knowledge capital. More than 20,000 IT graduates and engineers are being produced here each year.
\nThe provincial Government of Khyber Pakhtunkhwa through its dedicated Information Technology Board (KPITB) continues to facilitate the IT industry through numerous sustainable development and accelerated digitization projects, research, and innovation, software technology parks, subsidized bandwidth, marketing, certifications, internships, and training.
\nIncentives to bolster growth include tax exemption on IT & IT export revenues, tax exemptions to startups, subsidized Software Technology Parks and Special Technology Zones.
\nWith rapidly expanding mobile and internet connections, the Khyber Pakhtunkhwa province is fast undergoing a digital transformation.
\nThis has the potential to significantly drive growth, expand job opportunities, and improve service delivery.
\nSupporting this digital transformation, the province has dedicatedly focused on supporting regulations, strengthening institutions, and increasing capabilities for Digital Access, Digital Governance, Digital Economy, and Digital Skills in the region.
\nTo meet the growing demand, the Khyber Pakhtunkhwa Information Technology Board has successfully established the first-ever government-owned Business Process Outsourcing (BPO) facility in different cities of the province which have attracted national and international IT companies to establish their offices in the region utilizing the talent of local skillful workforce. Similarly,
\nKPITB initiated capacity-building projects through which thousands of IT graduates have been trained in different employable basic and advanced digital skills including initiatives for women only.
\nThe web is changing lives in Peshawar \u2013 the oldest surviving city in Asia. Citizens glean vital information from Facebook and WhatsApp video calls are an important way for overseas workers to stay in touch with family members back home.
\nAmazon has added Pakistan to its list of authorized sellers. The Bloomberg report says Startup Fever Is Gripping the World\u2019s Last Big Untapped Nation and Global investors are pouring money into Pakistan\u2019s budding tech sector.
\nMore than $300 Million has flowed into Pakistan\u2019s nascent technology sector during 2021 that is more than in the previous six years combined, with investors from the U.S., Singapore, and the United Arab Emirates joining the rush. The report says It\u2019s a record for Pakistan and the funding surge is expected to continue.<\/p>\n","protected":false},"excerpt":{"rendered":"
Peshawar The digital economy is taking shape and undermining conventional notions about how businesses are structured, firms interact and consumers obtain services, information, and goods. Here Information Technology has assumed a central and enabling role in the emerging dynamics of a knowledge-based society and economy. The Information Technology sector in Pakistan is carving a differentiated […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-242501","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"\n