‘New media licenses to inject $3bn investment’

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ISLAMABAD: Growth of Pakistan’s media industry has multiplied rapidly over the past decade, with a cumulative investment worth approximately $4-5 billion, and the sector providing employment to over 300,000 people. New licenses issued by the Pakistan Electronic Media Regulatory Authority (PEMRA) would inject investment of approximately $2-3 billion, according to the Economic Survey 2019-2020 released earlier on Thursday.

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