IT to spur growth in Punjab, says President UKPCCI

Web Desk 08:42 PM | 12 Apr, 2019
IT to spur growth in Punjab, says President UKPCCI
LAHORE - Our vision is to make Punjab the top e-governed, IT-enabled province, and a preferred destination for global IT businesses, as well as a major supplier of skilled human resource of IT, said Azfar Manzoor, Chairman Punjab Information Technology Board while chairing the meeting of a delegation of 11 members from UK Pakistan Chambers of Commerce and Industry (UKPCCI) at Arfa Software Technology Park in Lahore today.

A Memorandum of Understanding was also signed between PITB and UKPCCI for collaborative ICT interventions & growth of the digital ecosystem in Punjab. The visiting delegation was briefed about the nature and scope of PITB interventions in a presentation given by Chairman PITB, Mr Azfar Manzoor.

He apprised the guests that 65% of the population in Punjab is below 25 years of age, and they can be of great potential if trained in the right skillset. Presently, PITB provides consultation and physical support to 40 different departments of the government of Punjab in terms of process automation and launching new IT initiatives.

The delegation was informed that PITB’s strategy to accomplish this mission is based on supporting the industry, promoting entrepreneurship and job creation, digitization, e-governance and improving service delivery of citizen-centric services.

Chairman PITB, Azfar Manzoor also gave a run through of PITB’s entrepreneurial ventures such as Plan 9, Tech Hub Connect, e-Rozgaar, Herself and Plan X. While concluding the talk, he said that we would like to work with UKPCCI, and try to connect with the local industry to create new opportunities for incubators.

The delegation led by President UKPCCI, Amjad Khan lauded the role of PITB, showed immense interest in IT interventions and added that our prime interest is to tap into our young workforce and explore their talents and strengths. Currently, IT and tourism are the main priorities for economic growth in Punjab.

He also informed the investment of 200 million Pounds will be brought to IT, Tourism and other promising sectors in Punjab. UKPCCI is immensely pleased to channelize investment towards the market in Punjab, as the opportunity here is big and we have great plans for it, said the President UKPCCI. The delegation was also given a tour of PITB’s entrepreneurial venture Plan 9 where they were apprised of the projects being housed at the incubation centre.

Chairman PITB also presented a souvenir to UKPCCI delegation as a good-will gesture. PR

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 31, 2023 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 267.9 270.65
Euro EUR 287.2 290
UK Pound Sterling GBP 327.75 331
U.A.E Dirham AED 73.3 74
Saudi Riyal SAR 70.35 71.05
Australian Dollar AUD 184.5 186.9
Bahrain Dinar BHD 698.94 706.94
Canadian Dollar CAD 195 197.2
China Yuan CNY 38.76 39.16
Danish Krone DKK 38.4 38.8
Hong Kong Dollar HKD 32.05 32.40
Indian Rupee INR 3.1 3.12
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 850.1 859.1
Malaysian Ringgit MYR 60.93 61.53
New Zealand Dollar NZD 168.66 170.66
Norwegians Krone NOK 26.76 27.06
Omani Riyal OMR 682.86 690.86
Qatari Riyal ‎QAR 70.4 71.1
Singapore Dollar SGD 197.17 199.17
Swedish Korona SEK 25.49 25.79
Swiss Franc CHF 285.03 287.53
Thai Bhat THB 8.01 8.16

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs205,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs176,530.

Likewise, 10 grams of 22k gold were being traded for Rs162,500 while a single tola of 22-karat gold was being sold at Rs 182,100.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 205,900 PKR 2,370
Karachi PKR 205,900 PKR 2,370
Islamabad PKR 205,900 PKR 2,370
Peshawar PKR 205,900 PKR 2,370
Quetta PKR 205,900 PKR 2,370
Sialkot PKR 205,900 PKR 2,370
Attock PKR 205,900 PKR 2,370
Gujranwala PKR 205,900 PKR 2,370
Jehlum PKR 205,900 PKR 2,370
Multan PKR 205,900 PKR 2,370
Bahawalpur PKR 205,900 PKR 2,370
Gujrat PKR 205,900 PKR 2,370
Nawabshah PKR 205,900 PKR 2,370
Chakwal PKR 205,900 PKR 2,370
Hyderabad PKR 205,900 PKR 2,370
Nowshehra PKR 205,900 PKR 2,370
Sargodha PKR 205,900 PKR 2,370
Faisalabad PKR 205,900 PKR 2,370
Mirpur PKR 205,900 PKR 2,370


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