Our Priority Sector; Information Technology:

Our Priority Sector; Information Technology:

After a detailed analysis of all the sphere of influences of Pakistan, The IT sector has been identified as the most promising and feasible sector for new hostile investment. There is promising growth in the sector in the main due to availability of cheap relevant IT skills and labor, growing infrastructure, tributary environment and exemptions to tax for IT companies till 2016.
Our team is focusing on

backing up a $100 million country and assiduity specific Venture Capital Fund in Pakistan targeted towards the softw atomic number 18 product Development and services industry under the umbrella of the IT Sector.
enthronization Alternatives in the IT sector

A lot of opportunities exist in the IT sector due to the sectors attractiveness to investors as examine earlier. The IT sector of any country comprises of computer hardware manufacturing, meshing status and its infrastructure and Software development.
A lot of developments are taking place in the Pakistani IT industry. This is a sector with a lot of promise and new opportunities for investing are emerging.

Table 1 Foreign Direct Investment in IT & Telecom Sector
Sectors Jan 2004
Telecommunication2.4
Software Development3.3
ironware Development0.7
IT Service3.6
IT Sector total 7.



6
Total FDI in IT & T Sector10

The Government of Pakistan has taken measures to promote packet and Internet. These are;
20-50% reduction on the leased lines for ISPs, and software exporters
Concessions to Schools, universities & institutions, 50% up-front and 20 free hours for Internet usage
Packages of unlimited topical anesthetic calls
Major cities, (about 50) of the country are already connected with graphic symbol optic/digital cross connect system
To segregate phone and Internet traffic to bring Internet away from metre metering
Second high capacity fibre optic bond commissioned in 1998 (catering 20 new cities)
Investment of US$ 40...If you want to get a full essay, order it on our website: Orderessay



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