ISLAMABAD: As the telecom industry’s market size has grown to $16.9 billion after attracting $1.2bn in foreign direct investments in the last three years, the Ministry of Information Technology and Telecom is aiming to roll out 5G in 2023.

The ministry has said that the target has also been welcomed by foreign investors too.

In a recent presentation on the sector’s performance to Prime Minister Imran Khan, the ministry has highlighted that for meeting the future requirements of digitisation across the country and the launch of future technological needs such as 5G, projects have been launched for “deep fiberisation’ by the Universal Service Fund (USF) to expand the telecom services and internet even in remote and backward areas of the country.

During the period 2018-22 more than 10,000 km optical fibre cable will be laid across the country providing high speed internet to 1,175 towns and the union councils. The ministry has said that USF projects have covered over 1,800km of unse­rved road network including highways and motorways in Balochistan.

While commenting over the importance of the deep fiberisation project, Minister for IT and Telecom Syed Amin ul Haq said that the government was banking heavily on increasing exports of IT services up to $5bn by the end of 2022-23.

“We will ensure affordable and high speed internet to people in small towns and I am sure even girls from KP and GB region will excel as freelancers, while working from their local areas,” the minister said.

The export of IT services grew 47pc to $2.1bn in 2020-21.

The report has highlighted that the USF has played an extensive role in telecom infrastructure development for future digital growth by contracting out 43 projects amounting to Rs29bn in unserved and underserved areas. These included over 65 districts in Southern Balochistan, former FATA and interior Sindh, catering to a population of over 25 million.

The ministry maintains that the upcoming spectrum auction for AJ&K and GB for next generation mobile services, will help improve the telecom and broadband services in these areas.

The report highlighted that as connectivity was being expanded to secondary and tertiary towns and remote areas, the Pakistan Software Export Board (PSEB) has initiated projects in these cities and towns to develop IT growth hub there.

While eight software technology parks have already been established, the PSEB will establish 32 more in secondary and tertiary cities under public- private partnership mode, that will help development of software development industry and creating white collar jobs for inclusive growth.

It has been highlighted that 40 IT companies have been listed at the Pakistan Stock Exchange.

The ministry has said that to meet the challenges and requirements related to the growth of IT and telecom, several policy initiatives have been taken including the approval of the first ever Cyber Security Policy for Pakistan.

Besides the draft of Data Protection Bill, NITB Act, Social Media Rules, PECI Rules, APT Rules, Personal Data Protection Bill, Digital Pakistan Policy 2021, Pakistan Cloud First Policy 2021, Freelance Facilitation Policy, Startup Policy, Artificial Intelligence Policy and Block chain & Digital Ledger Policies have been finalised.

The other major achievement highlighted in the report was that the National Telecom Corporation (NTC) has been turned into a profitable entity and starting with Rs52m in 2018-19, the NTC made a profit of Rs504m the following year and in 2020-21 its profit was Rs423m.

The NTC was also providing services to more than 450 official websites to protect them from cyber attacks and hacking.

The other key entities under the IT ministry are Ignite National Technology Fund, which is a torch bearer for technology innovation and entrepreneurship in Pakistan, and the National IT Board that is responsible to execute e-governance programmes for the federal government to achieve the target of paperless working in government offices.

Published in Dawn, September 7th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Must Read

The dark heart of Zionism

The dark heart of Zionism

As Israel conducts a genocide in Palestine, bombs Lebanon, Yemen and Syria and seeks to pull Iran into a wider war, the Middle East teeters at the brink of what could potentially morph into a new world war.

Opinion

Editorial

A close watch
Updated 13 Oct, 2024

A close watch

Authorities will have to prove every six months that they are pursuing the IMF-mandated targets to secure the lender’s dollars and blessings.
Push and pull
13 Oct, 2024

Push and pull

MUCH remains at stake, but it is nonetheless reassuring that our politicians have returned to more parliamentary...
Rising rape
13 Oct, 2024

Rising rape

MISOGYNY is the bane of women’s lives across the globe as it robs them of autonomy over their bodies. This is...
Ghastly attack
Updated 12 Oct, 2024

Ghastly attack

Duki attack comes at a time when Pakistan’s foreign friends are looking to make major investments in the country, while SCO moot kicks off next week.
Saudi investments
12 Oct, 2024

Saudi investments

THE Saudi investment commitments to Islamabad seem to be taking tangible shape after months of uncertainty around...
Into the abyss
12 Oct, 2024

Into the abyss

THE Pakistan cricket team continues to set unwanted records. On Friday, Shan Masood’s men became the first team in...