IT Minister: In four years, investments in Pakistani startups have increased by 30%.

Syed Amin Ul Haque, the federal minister for information technology and telecommunications, met with a number of IT company delegations, including Huawei, and prosperous startups on Thursday outside of GITEX Global 2022 in Dubai.

The minister also paid a visit to the Ignite Pavilion and expressed gratitude to the startups for attending GITEX. He said during his speech at the event that over the past four years, investment in Pakistani startups had surged by 30%. Investment in Pakistani companies shows faith in government policies, he continues.

The largest technology expo in the Middle East’s Pakistan Pavilion was formally inaugurated by the minister on Tuesday. The Pakistan Software Export Board provided support in establishing the pavilion (PSEB).

In the meantime, the chairman of the Pakistan Software House Association (P@SHA), Zohaib Khan, said in a statement that Pakistani IT companies operating under the P@SHA banner showcased their distinctive skills to the elite of the global IT sector at GITEX.

The P@SHA chairman noted that GITEX 2022 has proven to be the most successful exhibition for Pakistani IT companies in terms of business generation, producing hundreds of millions of dollars.

Whether they were export orders, investment offers, skill development collaborations, single-country follow-up meetings, B2B alliances, or ground-breaking joint venture negotiations, he emphasized his wish that tangible benefits were made during the event.

It is important to note that GITEX is the largest IT, ITeS, and related technologies show in the entire Middle East and GCC region. In collaboration with PSEB, 29 P@SHA member companies are attending GITEX this year.

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