#TechGrowth

Pakistan’s IT Exports Soar to Record $342 Million in March 2025

Pakistan’s IT Export Boom Record $342 Million Achieved in 2025

Pakistan’s IT Export Boom Record $342 Million Achieved in 2025 800 480 D. I. Khan New City

Pakistan’s IT exports boomed to $342 million, setting a new record. In March 2025, the country’s information technology (IT) exports surged to an all-time high of $342 million, marking a 12% increase both year-on-year and month-on-month. This remarkable milestone highlights the sustained momentum driving the industry forward for the 18th consecutive month since October 2023.

According to Topline Securities, this performance not only exceeds expectations but also surpasses the 12-month average of $311 million. Clearly, the sector is showing robust and consistent growth.

What’s Fueling the Surge?

Several key factors are contributing to this exceptional rise in IT exports:

  • Expanded Global Client Base: Pakistani tech firms are rapidly gaining traction in the Gulf Cooperation Council (GCC) region, as well as North America and Europe, allowing them to tap into high-value markets.

  • Favorable SBP Policies: The State Bank of Pakistan (SBP) increased the permissible retention limit in Exporters’ Specialized Foreign Currency Accounts from 35% to 50%, enabling firms to reinvest more efficiently.

  • Equity Investment Abroad (EIA): The introduction of the EIA category empowers IT companies to acquire stakes in foreign ventures using up to 50% of their foreign currency proceeds—boosting both confidence and international presence.

  • Stable Rupee Performance: The relatively stable exchange rate has further encouraged exporters to repatriate a larger share of their profits, strengthening Pakistan’s financial outlook.

  • Global Presence: Moreover, participation in international tech events like LEAP 2025 in Saudi Arabia and Web Summit Qatar 2025 has amplified Pakistani innovation on a global platform.

Key Stats to Note:

  • March 2025 IT export earnings: $342 million

  • Total IT exports for 9MFY25: $2.8 billion (24% YoY increase)

  • Net IT exports (exports minus imports): $311 million

  • Daily export proceeds in March: $18.0 million (up from $16.1M in February)

  • Specialized FCY accounts: 62% of IT firms maintain one

What’s Next for Pakistan’s Tech Industry?

Looking ahead, industry analysts remain optimistic. They project a continued growth trajectory of 10–15% for FY25, with total IT exports potentially reaching between $3.5 to $3.7 billion by year-end.

Additionally, under the government’s ambitious ‘Uraan Pakistan’ strategy, the long-term objective is to achieve $10 billion in IT exports by FY29. This target, though challenging, is within reach if the current compound annual growth rate (CAGR) of 28% is sustained.

Conclusion:

Ultimately, the record-breaking performance in March 2025 demonstrates that Pakistan’s digital economy is rapidly evolving. Backed by forward-looking policies, a skilled workforce, and an expanding global footprint, the country is on a clear path to becoming a top-tier global IT exporter. As the world watches, Pakistan’s tech industry is proving it’s ready for the spotlight.

Pakistan Expands IT Infrastructure with 43 Technology Parks

Pakistan Expands IT Infrastructure with 43 Technology Parks

Pakistan Expands IT Infrastructure with 43 Technology Parks 930 500 D. I. Khan New City

Pakistan’s IT sector is experiencing rapid growth, thanks to the government’s latest initiatives aimed at expanding technology infrastructure. The Pakistan Software Export Board (PSEB), under the Ministry of Information Technology and Telecommunication (MoITT), has successfully developed 43 Software Technology Parks (STPs) nationwide. These tech hubs play a vital role in enhancing IT exports, fostering innovation, and creating employment opportunities.

Boosting IT & ITeS Growth

The newly established STPs accommodate over 350 IT and IT-enabled Services (ITeS) firms, providing employment to approximately 18,000 professionals across 1.9 million square feet of workspace. A notable achievement is the inclusion of women in the workforce, making up 20% of employees in these technology hubs.

Key Locations and Economic Impact

Between FY2022-24, these IT parks were set up in major and emerging cities, including Islamabad, Lahore, Karachi, Faisalabad, Quetta, Sialkot, and Swat. The parks collectively generate approximately $100 million in foreign exchange annually and contribute $15 million to the local economy.

Major IT Parks in Karachi & Islamabad

To further enhance Pakistan’s ICT sector, two large-scale IT parks are currently under development:

  • Karachi IT Park – A $186 million facility spanning 1.12 million square feet is set to be operational by 2027. This park is expected to create 13,400 jobs and boost IT exports by $90 million.
  • Islamabad IT Park – Scheduled for completion in 2025, this $88.4 million project covers 720,000 square feet, aiming to generate 7,500 jobs and contribute an additional $70 million to IT exports.

E-Rozgaar Centres & Digital Economy Growth

As part of its broader digital transformation strategy, the government plans to establish 250 e-Rozgaar centres by 2027 under the Prime Minister’s Initiatives—Support for Startups, Specialised IT Trainings, and Venture Capital program. These centres aim to equip aspiring professionals with essential digital skills, supporting Pakistan’s growing tech ecosystem.

Why This Matters?

  • Enhanced IT Infrastructure – The expansion of STPs provides a world-class work environment for tech firms.
  • Job Creation – Thousands of new employment opportunities are being generated in the IT sector.
  • Increased IT Exports – Strengthening Pakistan’s position in the global digital economy.
  • Empowering Women – More inclusion of women professionals in the workforce.

D.I. Khan New City’s Visionary Technology Park

Adding to Pakistan’s growing IT infrastructure, D. I. Khan New City is also developing a state-of-the-art Technology Park in collaboration with NUST and NUTECH. This initiative aligns with the city’s commitment to fostering innovation and tech-driven growth. The upcoming technology park will provide modern facilities for startups, IT companies, and research institutions, creating a hub for cutting-edge advancements in software development, artificial intelligence, and digital solutions. By investing in technology infrastructure, D. I. Khan New City is positioning itself as a major player in Pakistan’s digital transformation.

Conclusion

The establishment of 43 technology parks and two major IT parks in Karachi and Islamabad marks a significant milestone for Pakistan’s IT industry. With continued government investment in digital transformation, the country is well on its way to becoming a regional technology hub. As the sector flourishes, businesses and professionals alike can look forward to exciting opportunities in the evolving digital landscape.