IT ministry invests Rs57bn to enhance connectivity: Amin Ul Haque

News Image

MG News | March 18, 2022 at 04:04 PM GMT+05:00

March 18, 2022: Federal Minister for IT and Telecommunication Syed Amin Ul Haque Friday said that his ministry has invested about Rs57 billion to enhance connectivity and improve digital infrastructure to facilitate the common man in the country.

Addressing Pakistan Cloud Summit 2022 he said that the first Cloud Policy by the Ministry of IT was the greatest milestone achieved by Pakistan and the efforts being made to connect the country to the whole globe through connectivity.

Underscoring the need for exploration and investing in Information Technology, Syed Amin Ul Haque said that the government’s target after achieving the milestone of 4G should be towards 5G and the transformation of industrial and Information Technology economy would not only boost the economy but would also create job opportunities.

The performance of the Information Technology and Telecommunication Ministry was outstanding for the past three years, nevertheless, the world had suffered from COVID-19 and the ministry of IT invested more than Rs. 57 billion over connectivity, he added.

Addressing the Summit, Federal Secretary Information Technology and Telecommunications, Muhammad Suhail Rajput said that the world was moving fast towards the transformation of IT and IT services, therefore Pakistan's agrarian economy should be changed with an IT-based economy.

Later on, the contract signing ceremony was held between PSEB and Huawei to offer cloud service to the IT Industry

Pakistan Cloud Summit 2022 organized by Huawei with the collaboration of Abacus was graced by the presence of Muhammad Suhail Rajput, the Federal Secretary of Information Technology and Telecommunication, Usman Nasir Managing Director, PSEB members, IT entrepreneurs and other notables.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 170,511.86
278.75M
0.98%
1646.82
ALLSHR 103,203.80
682.99M
0.89%
908.76
KSE30 50,839.23
100.13M
1.18%
592.12
KMI30 243,245.60
147.66M
1.61%
3852.07
KMIALLSHR 66,892.15
407.33M
1.15%
757.54
BKTi 47,509.55
28.38M
0.77%
361.93
OGTi 34,789.19
8.38M
1.60%
547.02
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,070.00 79,965.00
76,030.00
-190.00
-0.25%
BRENT CRUDE 104.46 109.97
103.50
-3.17
-2.95%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
1.70
1.33%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
-0.75
-0.53%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 99.76 104.46
98.48
-2.72
-2.65%
SUGAR #11 WORLD 18.15 18.84
17.93
-0.58
-3.10%

Chart of the Day


Latest News
September 11, 2026 at 11:33 PM GMT+05:00

Diesel up Rs5.28, petrol Rs5.02 from September 12


September 11, 2026 at 08:50 PM GMT+05:00

Refiners get 45 days to save their tariff cushion


September 11, 2026 at 06:00 PM GMT+05:00

China targets 70% NEV share in new passenger car sales by 2030


September 11, 2026 at 06:00 PM GMT+05:00

China targets 20,000 software firms in AI push by 2028



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg