PM Imran praises India tech, says India $150 billion, Pak $2 billion

Prime Minister Imran Khan, while addressing the inauguration ceremony of the Lahore Technopolis, a special technology zone (STZ) on December 23, praised India’s IT sector.

“Unfortunately, Pakistan lagged behind in the sector despite having ideal conditions, including a huge population of young people,” he said, adding that within 15 to 20 years, Indian tech exports boomed to $150 billion while Pakistan’s could reach only $2 billion.

PM continued by talking about the involvement of overseas Pakistan’s investing in Pakistan. “China and India had also first attracted their own firms operating abroad to invest at home,” he said, “Pakistani individuals, as well as the firms operating abroad including the Silicon Valley, were interested to invest in Pakistan which necessitated incentives and ease of doing business.”

Talking about the project, PM said that the project would help provide incentives to the tech industry and bring ease for the businessmen, in accordance with the government’s vision.

Exemplifying Amazon, Google and other tech giants, the prime minister said during COVID-19, all other businesses had faced a slump but the profits of the tech companies multiplied during the pandemic.