{"id":80881,"date":"2021-10-26T16:27:29","date_gmt":"2021-10-26T11:27:29","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80881"},"modified":"2021-10-26T16:27:34","modified_gmt":"2021-10-26T11:27:34","slug":"pakistan-it-sector-635-mn-fy22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-it-sector-635-mn-fy22.html","title":{"rendered":"Pakistan IT sector post USD 635 mn in first quarter of FY22"},"content":{"rendered":"\n<p>Islamabad: Prime Minister\u2019s Adviser on Commerce Razak Dawood on Monday (October 25) announced that Pakistan Information Technology (IT)-related sector growth has reached USD 635 million in the first quarter of this fiscal year (FY 2021-22), news sources reported.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/federal-government-incentives-it-industries.html\" target=\"_blank\" rel=\"noreferrer noopener\">Federal government announces Incentives for IT industries<\/a><\/p>\n\n\n\n<p>As per the details shared, the IT and IT-related sector posted a growth of 45% compared to the same period last year.\u00a0 Moreover, the IT&amp; IT products have grown to an accumulative USD 635 million in the first quarter of FY-22 from July to September as compared to USD 445 million recorded in FY-21.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/software-technology-parks-fsd-rwp.html\">IT Mini<\/a><a href=\"https:\/\/www.zameen.com\/news\/software-technology-parks-fsd-rwp.html\" target=\"_blank\" rel=\"noreferrer noopener\">s<\/a><a href=\"https:\/\/www.zameen.com\/news\/software-technology-parks-fsd-rwp.html\">try To Build Software Technology Parks In Faisalabad, Rawalpindi<\/a><\/p>\n\n\n\n<p>Advisor Dawood said that Pakistan earned USD 2 billion last year and it will be surpassed this year. He said the jump in the revenue is due to the <a href=\"https:\/\/www.zameen.com\/news\/senate-pass-bill-establish-special-it-zone.html\" data-type=\"post\" data-id=\"80119\" target=\"_blank\" rel=\"noreferrer noopener\">better policies and tax breaks for the IT sector<\/a>.\u00a0 It is important to remember that Pakistan has provided the IT sector with a special status to encourage growth. In this regard, several projects have been initiated including <a href=\"https:\/\/www.zameen.com\/news\/punjab-technology-pura-special-economic-zone.html\" data-type=\"post\" data-id=\"79812\" target=\"_blank\" rel=\"noreferrer noopener\">IT-Parks and Tech-Pura<\/a> projects in Lahore.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister\u2019s Adviser on Commerce Razak Dawood on Monday (October 25) announced that Pakistan Information Technology (IT)-related sector growth has reached USD 635 million in the first quarter of this fiscal year (FY 2021-22), news sources reported.\u00a0 Read: Federal government announces Incentives for IT industries As per the details shared, the IT and IT-related sector posted a growth of 45% compared to the same period last year.\u00a0 Moreover, the IT&amp; IT products have grown to an accumulative USD 635 million in the first quarter of FY-22 from July to September as compared to USD 445 million recorded in FY-21. Read: IT Ministry To Build Software Technology Parks In Faisalabad, Rawalpindi Advisor Dawood said that Pakistan earned USD 2 billion last year and it will be surpassed this year. He said the jump in the revenue is due to the better policies and tax breaks for the IT sector.\u00a0 It is important to remember that Pakistan has provided the IT sector with a special status to encourage growth. In this regard, several projects have been initiated including IT-Parks and Tech-Pura projects in Lahore.\u00a0\u00a0<\/p>\n","protected":false},"author":84,"featured_media":80123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[34759,49118,49117],"persona":[],"class_list":{"0":"post-80881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-information-technology-park-abbottabad","9":"tag-it-revenue-up","10":"tag-pakistan-it-sector-post-usd-635-mn-in-first-quarter-of-fy22","11":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan IT sector earn $ 635 mn in first quarter of FY22- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister\u2019s Adviser on Commerce Razak Dawood on Monday (October 25) announced that Pakistan Information Technology (IT)-related sector\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-it-sector-635-mn-fy22.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan IT sector earn $ 635 mn in first quarter of FY22- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister\u2019s Adviser on Commerce Razak Dawood on Monday (October 25) announced that Pakistan Information Technology (IT)-related sector\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-it-sector-635-mn-fy22.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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