IT ministry invests Rs57bn to enhance connectivity: Amin Ul Haque

News Image

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

0:00

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 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,575.00 111,220.00
109,200.00
290.00
0.26%
BRENT CRUDE 68.92 69.14
68.32
-0.19
-0.27%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.23 67.58
66.65
-0.22
-0.33%
SUGAR #11 WORLD 16.34 16.34
15.44
0.76
4.88%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

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