Pakistan IT industry making progress at 50% annually

Pakistan’s information technology industry is progressing rapidly at more than 50 per cent annually for the last four years, with many companies winning huge contracts from domestic as well as international market, an official of the Pakistan Software Export Board (PSEB) said in a statement issued on 26th June 2008. Many companies have been successful in obtaining huge domestic as well as international business contracts and venture capital funds from foreign investors. The PSEB official further said that there is a lot of potential in Pakistan’s IT industry.

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