{"id":433118,"date":"2024-09-24T08:43:18","date_gmt":"2024-09-24T03:43:18","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=433118"},"modified":"2024-09-24T08:43:18","modified_gmt":"2024-09-24T03:43:18","slug":"building-a-digital-ecosystem-key-to-long-term-growth-in-pakistans-tech-sector-wealthpk","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/building-a-digital-ecosystem-key-to-long-term-growth-in-pakistans-tech-sector-wealthpk\/","title":{"rendered":"Building a digital ecosystem key to long-term growth in Pakistan\u2019s tech sector: WealthPK"},"content":{"rendered":"<p>ISLAMABAD<br \/>\nPakistan is on the path to becoming a tech hub, but to reach its full potential, the country must build a digital ecosystem that attracts investment and supports long-term growth in the tech sector. It is important to mention here that the country\u2019s IT and IT-enabled services (ITeS) export remittances, including computer and call centre services, declined 4% to $286 million in July 2024 compared to $298 million in June 2024. However, a 33.6% year-on-year increase was witnessed in IT export remittances for July 2024, up from $214 million in July 2023. IT exports hit a record high of $3.223 billion in the fiscal year 2023-24, reflecting 24% growth compared to $2.596 billion in 2022-23. \u201cDespite these promising figures, attracting substantial foreign investment requires more than skilled labour,\u201d said Muhammad Wazir, former director to the minister of science and technology.<br \/>\nHe said, \u201cThe real challenge is building an ecosystem that integrates modern infrastructure, policy reforms, and partnerships between tech firms and government institutions.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Pakistan is on the path to becoming a tech hub, but to reach its full potential, the country must build a digital ecosystem that attracts investment and supports long-term growth in the tech sector. It is important to mention here that the country\u2019s IT and IT-enabled services (ITeS) export remittances, including computer and call [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-433118","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building a digital ecosystem key to long-term growth in Pakistan\u2019s tech sector: WealthPK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/building-a-digital-ecosystem-key-to-long-term-growth-in-pakistans-tech-sector-wealthpk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Building a digital ecosystem key to long-term growth in Pakistan\u2019s tech sector: WealthPK\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Pakistan is on the path to becoming a tech hub, but to reach its full potential, the country must build a digital ecosystem that attracts investment and supports long-term growth in the tech sector. 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