Why Pakistan?

When it comes to outsourcing, Pakistan is regarded as one of the world’s market leaders! It is a hive of brilliant professionals, well-known for delivering quality IT services in the world.

Pakistan is making significant investments to enhance its IT infrastructure and project management. It has evolved into a global outsourcing powerhouse, offering diversity in IT services. From software development to nanotechnology and cybersecurity to cloud computing, Pakistan has a stronghold on high-end technological frameworks recognized worldwide.

Growing digitalization necessitates cutting-edge business solutions and systems that fulfill end-user demands. Pakistan’s IT industry is known for adapting to trendy technology. Its technological competence and capability to provide personalized software development services aid in handling all types of global industries. Over just the last decade, the number of technology projects outsourced to Pakistan has increased, which in turn, gives Pakistan’s technology sector wings to fly!

Here are some facts to highlight why it’s the perfect decision for your business to outsource work to Pakistan:

Pakistan is the 5th largest country by population with a 100-billion-dollar trading economy. Pakistan has about 60% of its 225 million population in the 15 to 29 age group, representing an enormous human and knowledge capital.

Currently, 600,000 IT professionals are available to provide outstanding IT services. As the 3rd largest English literate population, Pakistan also comes on the third rank as the largest provider of digital labor in the world!

The country has around 2,000 IT companies and call centers, and the number is increasing year after year. Pakistan comprises over 300,000 English-speaking IT workers who are proficient in existing and upcoming IT products and technologies, 13 software technology parks, over 25,000 IT graduates and engineers generated each year, and an ever-growing startup culture.

Another motivation for businesses to choose Pakistan for IT services is the low labor cost. Any business can reap the advantages of the country’s low-cost technology solutions. When compared to other countries, the expense of personnel is significantly lower. As a result, global firms get a competitive benefit and obtain the same high-quality IT services but now, at a much lower cost.

You can find skillsets for Software Development, Block Chain Development, Cloud Computing, Artificial Intelligence, Cybersecurity, Big Data and Analytics, Nanotechnology, and Microelectronics.

Following Pakistan Vision 2025 and the Digital policy of Pakistan 2018, the ICT industry size aims to reach $20 billion by 2025.

The country’s connectivity infrastructure includes 5 submarine cables, namely IMEWE, AAE-1, TW-1, SMW5, and SMW4. As per Pakistan’s telecommunication statistics, there are 110 million broadband users. The overall tele density — the number of telephone connections for every hundred individuals living within an area — of Pakistan, stands at 87%.

What Are the Growth Drivers for Pakistan’s IT Sector?

• Pakistan’s IT exports have increased by 70% during the last three years.
• There is zero income tax on IT and ITES exports.
• Open investment policy.
• Zero Income tax for Pakistan Software Export Board registered IT start-ups.
• 100% foreign ownership of IT and ITES companies.
• 100% repatriation of profits to foreign IT and ITES investors.