3/28/2018 APBF foresees massive boost for IT industry | CPEC News Today

APBF foresees massive boost for IT industry

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March 27, 2018

Expects infrastructure development along KKH to increase connectivity

CPEC will include construction of cross-border optical fibre (OFC) system between China and
Pakistan
PHOTO: FILE

LAHORE: All Pakistan Business Forum President Ibrahim Qureshi said on Monday that with
foreign investment in the country, it is essential that all provinces get equal benefits,
opportunities and budgets for strengthening their infrastructure and trade activities along with
their information technology (IT) sectors.

While appreciating China’s robust investment plans and trans-national initiatives for boosting
cross-border trade activities, Qureshi said that the China-Pakistan Economic Corridor (CPEC)
inspires new opportunities to set up projects that will boost the IT sector.

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3/28/2018 APBF foresees massive boost for IT industry | CPEC News Today

According to the current scheme, CPEC will include construction of cross-border optical fibre
(OFC) system between China and Pakistan for international connectivity of voice/data traffic
and provision of seamless GSM coverage along the Karakoram Highway (KKH) for the
proposed Gwadar – Kashgar Economic Corridor in Gilgit Baltistan, a presser released by APBF
stated.

“The CPEC initiative includes the building of roads, ports, dams, connecting cities, and serving
those areas without coverage. This will provide a much-needed improvement to the economy
which will also bring benefits to the IT industry.

“Pakistan itself represents a major potential for people-centric mobile based applications and
products which are fully prepared for the next level of development with a state-of-the-art
connectivity structure with fixed and mobile networks that have a teledensity of more than
71% which is also increasing on a monthly basis,” the presser added.

Published in The Express Tribune, March 27th, 2018.

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