Pak needs services-led exports which can be done through IT
Islamabad: M.Zubair Anjum
In the world on account of its human resource potential Pakistan is fast emerging as one of the IT hubs.
“Pakistan is considered as the emerging hub of the IT industry across the world with its increasing contribution to the global banking system through innovative services and out-of-the-box solutions,” said NdcTech Limited CEO and President, Ammara Masood while addressing an audience at the Bank of the Future Forum 2022.
She added that the global fintech services provider, Temenos, has designated Pakistan as the regional hub for targeting the penetration of its services in different countries including banks and the financial sector.
MD Systems Limited CEO, Asif Peer affirmed that “Pakistan’s IT industry has grown by leaps and bounds in the last few years”.
Talking to the media, Peer noted that “Pakistan can’t survive by relying only on manufacturing-led exports. The country needs services-led exports which can be done through IT and IT-enabled services. This is the only viable method to enhance the country’s exports.”
According to 2021 Kearney’s Global Services Location Index, Pakistan is ranked as the second-most financially attractive location in the world for offshore outsourcing services, and the second-largest supplier of online labour in software development and technology as per the ILO Flagship Report 2021.
“The government and IT companies are working aggressively to promote IT exports at the international level. This can be seen most recently from the mega pavilion of Pakistan set up at the Gulf Technology Exhibition (GITEX) Global in Dubai,” he said.
Pakistan Software House Association (P@SHA) Chairman, Zohaib Khan apprised that “Pakistani IT companies have displayed diverse capabilities to industry players of the IT industry at GITEX 2022.”
“These services include, but are not limited to, IT and IT-enabled services (ITeS), internationally-acclaimed accomplishments and potential, human resource strengths and skill-sets, untapped export potential, business process outsourcing (BPO) capabilities, internationally-accredited tech infrastructure, services in artificial intelligence (AI), blockchain technologies, fintech ecosystem, web 3.0 and metaverse and software and application development competencies,” he explained.
Khan inaugurated the Pakistani Pavilion in GITEX 2022 in Dubai along with Pakistan’s Federal Minister for IT and Telecom, Syed Aminul Haque.
