Pakistan’s information technology industry has come a long way. Our country boasts a wide breath of human talent as evident by a thriving startup culture and IT prodigies. Given that Pakistani IT exports crossed $2 billion dollars recently, with an annual growth rate of 41%, the IT industry is poised to grow target to grow to $10 billion in the next 4 years.
MoIT and PSEB are Aware of the Need to Attract Foreign Investors
The Ministry of Information Technology (MoIT) and Pakistan Software Export Board (PSEB) are cognizant of the need to make Pakistan an attractive place to invest in the 21st century. They’ve rolled out incentives for investors that give a great return on investment in the region. With all the talent and human resources that Pakistan possesses, foreign IT companies can take advantage of a skilled pool of technology workers. Given Pakistan’s figures for a rising populace that is connected more than ever with 3G/4G telecommunications technology, Pakistan’s ICT infrastructure is also improving rapidly.
To outline Pakistan’s attractiveness as an investment destination, MoIT and PSEB joined hands and developed a documentary that serves as a primer for Pakistan’s investor-friendly IT sector:
Make no mistake about it. Pakistan’s IT industry is set for a boom. The challenge is now for government and private sector to join hands and do everything it can to make Pakistan a top destination for global IT giants. Investing in human capital and infrastructure development are top priorities for Pakistan as we go forward into the digital future.