Pakistan desires knowledge driven economy

Presently Pakistan has a natural resource based economy and we need to make education, science, technology, innovation and entrepreneurship for emerging as a strong nation which are the key drivers of socio-economic development.

Pakistan desires knowledge driven economy12 disruptive technologies would make an impact around the world economy by 2025 and it is suggested that they would generate revenue of around $100 trillion.

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The local experts should focus on advanced robotics, autonomous and near autonomous vehicles, next-generation genomics, energy storage, mobile internet, automation of knowledge work, internet of things, cloud, 3D printing, advanced materials, advanced oil and gas exploration and recovery and renewable energy to become a part of that gigantic global economic output.

Chairman of the Prime Minister’s National Task Force on Science and Technology, Professor Dr Atta-ur-Rahman expressed these views as a chief guest at the opening session of the two-day second International Conference on Information Science and Communication Technology.

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The ICISCT 20 has been arranged by the Department of Computer Science, University of Karachi, at the Professor Salimuzzaman Auditorium, Hussain Ebrahim Jamal Research Institute of Chemistry, KU.

Professor Dr Atta-ur-Rahman informed the audience that the government of Pakistan would spend around Rs50 billion in areas such as artificial intelligence, IoT, big data, cyber security and related technologies. He shared that all government software contracts would only go to local companies to boost local business and special technology zones would be established.

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He said “Knowledge is now the main driving force of world economy and Singapore, which is only 865 square kilometers in size with a five million population, has exports of around $330 billion and it focuses on human resources and high-tech exports.”

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