Pakistan is rapidly becoming the destination of choice for a significant number of international IT/ITeS companies looking to relocate their operations offshore. The ready availability of skilled professionals, an appropriate IT infrastructure, and affordable rates for connectivity result in considerable time and cost-savings for entrepreneurs.
The Global share of Pakistan´s IT industry is estimated at US$2.8 billion, including global sales revenue of US$1.6 billion.
A skilled workforce of 110,000 English-speaking IT professionals in the economy, of which 24,000 are engaged in exports.
Nearly 1500 companies. Two are listed on the Karachi Stock Exchange (KSE), 2 on the National Association of Securities Dealers Automated Quotations (NASDAQ) and 1 on the Dubai International Financial Exchange (DIFX).
Nine STPs offering around 700,000 square feet of IT-enabled office space.
Seven multinational companies have ´Development Centers´ in Pakistan.
110 ISO 9001, 23 CMMi and 11 ISO 27001 certified companies.
A strong telecom sector supports the IT industry´s development.
Mobile phone users in Pakistan were recorded at 111,126,434 in October 2011, reaching a tele-density of 65.2 percent, reported Pakistan Telecommunication Authority in its latest stats.
Mobilink leads the market with 33,537,922 subscribers, followed byTelenor with 27,607,043 subscribers till October 2011. Ufone stood third with 20,828,145 subscribers. Warid had 15,985,299 subscribers with Zong at fifth position with 13,168,025 subscribers. Service providers have brought advanced technology to deploy their network including Wimax, DSL, FTTH and HFC. there are four undersea cables connecting Pakistan to rest of world including PTCL’s owned SMW3, SMW4 & IMEWE and one with TWA.
Telecom sector made its highest ever contribution to the national exchequer in the FY 2011 as around Rs. 117 billion were placed by the telecom companies and PTA compared to Rs. 109.1 billion that were deposited in the kitty last year, showing 7% growth during FY 2011.
Total telecom investments in Pakistan will reach US$ 2.4 billion by 2020, telecom sector revenues would cross Rs. 620 billion by the same year and mobile subscribers are expected to be around 161 Million, approximately 89% of the total population, said a report prepared by Pakistan Telecommunication Authority.