The industry that is going to growing rapidly in Pakistan is Information Technology this is the information i got while roaming the internet & stumbled upon a very interesting news posted by Telecom Pk stating a report by Worlbank that states that Pakistan is a golden place for investment in Information Technology. Finally years of handwork seems like might pay off.

A recent World Bank report has declared Pakistan as one of the top favourable economies in the world. The “Doing Business 2008″ report states that Pakistan is in second place compared to other South Asian countries in terms of certain economic indicators, such as: ease of doing business, dealing with licenses, and protecting investors.

Pakistan is quickly emerging as a powerhouse in the region, partly due to its fast paced IT industry. The government’s policies towards foreign investors have also contributed in helping the country stand out. These include 100 per cent foreign equity ownership, 100 per cent repatriation of profits for foreign investors and tax exemption for the sector till 2013.

Though it is a fact Govt. and the current environment clearly shows how Information Technology is going to boost. We are sitting on a dot com bubble (though i restrain from using the word bubble as they usually burst) but it is a fact the Information technology is going to boom. Many hurdles in the past for such boom in IT has been removed there is vast amount of office space available at least in Lahore, high speed Internet available in few call with comparatively good customer service, finding technical staff is quite easy as well but finding quality/efficient staff is a little difficult to. …. no doubt a positive news and a positive change in our era …

PS: If any outside investors looking to setup an IT operation in Pakistan get in touch with me i can consult and help setup everything

Tags: Information Technology, Invest, IT setup Pakistan, Outsource, Pakistan, Venture Funding, Web design