World Bank (WB) director praises steps for Information Technology (IT) promotion -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

World Bank (WB) director praises steps for Information Technology (IT) promotion

ISLAMABAD- Ms. Marilou Jane, Finance Director of the World Bank, has appreciated the steps taken by the government for the promotion of lT and Telecom sector. She assured the Federal Minister for Science and Technology (S&T), Prof. Attaur Rahman, that the World Bank would review the feasibility of setting up Venture Capital Fund for Pakistan IT & Telecom industry.

She promised the minister of the World Bank’s support wherever possible. She also said that during the forthcoming visit of the Minister to US, the World Bank would facilitate in arranging his meetings with various persons and organizations linked with virtual university projects in various parts of the world.

A meeting was held between Prof. Attaur Rahman and Ms. Marilou Jane. The Secretary, Ministry of Science & Technology Ishfaq Mahmood was also present.

She also said that World Bank would provide financial assistance in Information Technology (IT) sector by actively collaborating to drive the initiatives taken by the government in IT & Telecom Sector.

Source: Business Recorder
Date:5/22/2001