ISLAMABAD: The government is preparing to establish Pakistan’s first E-commerce University in Pakistan, according to Aon Abbas Buppi, Special Assistant to the Prime Minister (SAPM) on Electronic commerce.
“The first e-commerce university would improve the capacities of electronic commerce stakeholders not only in Pakistan but also in the developing global electronic commerce segment,” Buppi said on Thursday at the ‘National E-Commerce Symposium’ in Islamabad.
He believed that the development of the E-commerce University will give new job prospects for Pakistan’s young, allowing the country to join the global supply chain and strengthen its economy.
“Prime Minister Imran Khan has great aspirations for the youth since they manage the majority of e-commerce enterprises,” he said, adding that the government will offer the necessary facilities to the younger generation.
He also said it would promote exports. To tackle illicit trade. He said the government would create Pakistan’s first electronic commerce online platform. Alibaba, China’s electronic commerce behemoth will assist establish an electronic commerce platform and make business more transparent.
“By June 2023, the government intends to expand e-commerce transaction volume to $9 billion,” he added.
He said that, despite the fact that Pakistan’s electronic commerce trade numbers were contradictory. The country’s present worth of roughly $4.5 billion could easily reach $9 billion by 2023.
He vowed to address any challenges that electronic commerce merchants experience including those involving the State Bank of Pakistan (SBP) and tax agencies.