Industry Updates

'SAMENA Daily' - News

Trade portal using telecom boom to optimize economic potential

Islamabad—A project to develop Pakistan’s first trade portal is near completion that would integrate end to end domestic and international trade of country on a single electronic platform.

The basic objective of this electronic single window was to integrate all the crucial elements of supply chain like transport, terminals, shipping, banks, legal firms, brokers and traders with the ease of use available through the Internet and mobile, thus capitalizing on telecommunication boom in the country.

Ministry of Information Technology and Telecmomunications (MoIT) initiated the project called - Mobile and Electronic Trade for Pakistan (MEETPK) at a cost of Rs. 38.2 million in collaboration with U Tade (Pvt) Limited, Islamabad.

Official sources on Thursday said the other aim was to ensure services, specifically designed for Pakistani businesses within and outside Pakistan and to provide visibility to businesses and products both in national and international market.

They said the portal would also help reduce the cost of doing business by facilitating businesses and at the same time provide online services suitable for trade and business and most importantly to educate and familiarize all stakeholders regarding use and benefit of such services.

This particular project intends to use communication boom in the country to take information, knowledge and opportunities to doorstep of Pakistanis through Internet and mobile devices so as to enhance and optimise economic potential, the sources said.



Source: http://pakobserver.net/detailnews.asp?id=252939

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