RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) is going to organise a Financial Technology Conference (FinTech) in August.
The primary purpose of this conference is to promote Information Technology (IT) and to bring awareness among key stakeholders for its use in lowering cost of production and enhancing innovation towards their businesses.
This was stated by RCCI President Zahid Latif Khan at a standing committee meeting held at the chamber house the other day. Pakistan Software Export Board (PSEB) Managing Director Syed Ali Abbas Hasani, who was the key speaker at the meeting, appreciated RCCI’s role in promoting the IT industry in the region.
He said that in Pakistan, the IT industry had great potential and urged the government to provide a favourable environment in the country for the promotion of IT in different sectors including banking, medicine, and manufacturing.
He added that in recent years e-commerce doubled its penetration in Pakistan and said this would further grow in the coming days.
Earlier, President RCCI Zahid Latif Khan apprised the participants about the ongoing activities of
the chamber. He said that the IT sector was growing exponentially in Pakistan. It contributes around more than $2.8 billion in the country’s export and with government’s support, this can be enhanced to $5 billion in the next three years.
The RCCI chief also highlighted key initiatives from RCCI in promoting IT in the region including ICT awards and an E-Health conference. He said e-commerce was the future mode of conducting business and would provide an opportunity to small and medium enterprises (SMEs).
Chairman Committee Raja Umer Iqbal also spoke on the occasion and said that twin cities have 40 per cent share of the total business of ICT in the country as many multinational companies had established their offices there.
