Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
tariq baby - tsk tsk…you try but just don’t have any substance.
may be you should try comparing pakistan with BD …oh no, they may get back at you. How about somalia?
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
tarq bhai.. we agree we are from a third world country.. but thats not ur post. u wanted to show that pakistan has tremendous potential in IT. But why are u comparing urself to India. I dont understand.. is this India 123 or Pakistan 123.If Pakistan has the potential then it will do well. but if not.. then it will be in the gutters.
Let me give u a free advice.. comparing one person to another, one country to another are too bad. India didnt start on IT thinking Pakistan is going to take away everything, if it didnt start now.:)
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
*Why is Pakistan the hot new offshore information technology (IT) destination? *
*Safety and Security *
Pakistan is not without challenges, some of which are real (improving the telecommunications infrastructure) and some are exaggerated, especially in terms of the security situation. Once you have lived through a few riots in India, once you have taught yourself how to quickly turn the lights out and lay down on the floor because you are afraid of what might come through the window, then Pakistan doesn't seem so scary anymore.
The biggest danger that Westerners face in South Asia is from automobile accidents, particularly at night. India has over 8 times the number of highway fatalities per passenger mile than the U.S.
If you go looking for trouble, you will find it, whether in the back alleys of Karachi or the parking lots of many suburban U.S. shopping malls. Americans who have worked in both Karachi and Mumbai report that there is no discernable difference in the safety and security situation in both cities. The lack of reporting in the U.S. media on the occurrence of violent disturbances and general strikes in India, versus the close coverage often afforded to Pakistan, has created the illusion that Pakistani cities are somehow more dangerous than cities elsewhere in the region, especially for Americans.
The U.S. Department of State does not maintain accurate statistics on economically or personally motivated attacks against their own personnel in foreign countries. Nor does it collect accurate information on crimes committed against U.S. nationals in foreign countries. This leads U.S. citizens to avoid safe areas (for example, Islamabad) and to incur excessive risks in areas where Americans are routinely victimized (for example, Mexico City).
The U.S. government is not doing a good job at providing assistance for Americans who have been assaulted, robbed or otherwise victimized in foreign countries. If it did, there would likely be some accounting of those efforts, accounting that would demonstrate that Pakistan's major cities have been and continue to be a generally safe place for U.S. businesspeople and their families.
*Shared Roles *
Pakistan and the U.S. have similar roles when it comes to human rights. Both countries are a beacon of safety and a haven for refugees. The government of Pakistan has not been advertising this fact. The people who have fled to Pakistan from surrounding countries in the region have, on a one-to-one personal basis. They are Pakistan's best ambassadors.
Before making up your mind about Pakistan, talk to people who have left there or have passed through there. Their origins might be different but their stories are often tragically similar. Too often, it seems as if they are all reading from the same script: family members (or themselves) in neighboring countries who have been victimized, jailed, possibly tortured, relatives killed, and all survivors traumatized and dispossessed. Pakistan welcomes them and serves as a place of safety and security.
From Iran, Afghanistan, India and elsewhere they come, seeking the same things that immigrants to the U.S. have always sought: opportunity, liberty, freedom of religion and respect for personal beliefs.
Americans naturally identify with the underdogs, the runners up, the people who are trying harder than anyone else to succeed. This is why many Americans find it easy to identify with Pakistanis.
It is not necessary for Americans to take sides in disputes between India and Pakistan. Taking sides is not required. Long-term peaceful solutions are required.
Increased trade and joint projects between Pakistan and India will pull those two countries together and create incentives for peace. American firms doing business in one or both countries can contribute to peace through responsible business practices and the moderating effects that employment and prosperity provide. This can and should be accomplished when American firms are allowed to operate on an equal footing with local firms, which for now only appears possible in Pakistan.
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
Atlantis,
Do you know how much is GDP- **Per capita income **of India and Pakistan,…?
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
This is hilarious...
Why is Pakistan the hot new offshore information technology (IT) destination?
Safety and Security
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
Here is the Link to find out more,…Its a long Article,…I just posted highlighted stuff,…
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
so what is the record for how many different threads about Pakistan's hot IT boom contain the exact same article?
why is there only 1 article on the entire internet about this?
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
Good question buddy,
Coming to my topic,..I have more than that one article,…check this,…out too. BTW,..I hate to Piss off indians here Coz they think world just stopped between 1993-1998,..Today India has more competition anywhere from Eastern European Countries,…from China and Russia too, specially in IT market…Pakistan is starting @ low level now,..But still baby steps are better than nothing at all.
The only problem Pakistan had was political instability. Pakistan is politically more stable now and will be in future too. Now it realizes what it needs economically to develop it,…still time is on our side,…
Pakistan is offering good competitive rates to potential investors as compare to Indian & china…anywhere from IT to other big project investments…
Pakistan up and coming on the Outsourcing horizon
Pakistani Prime Minister has put out a call to Western companies to outsource jobs to Pakistan. He urged neighbors in the business forefront to transform it into a manufacturing good whose result, cheap goods would benefit a greater part of the community.
In a London interview with The Sunday Times’ John Waples, the Prime Minister was quoted by the leading British newspaper as such,
**“Pakistan has a stable political environment, and is a better place for western companies to outsource than India or China” **
The Sunday Times further quotes Aziz,
“Use Pakistan as a regional hub for manufacturing and then export, because the location is unique. The challenge now is one of implementation and making things work better. The Pakistan of today and tomorrow is not the Pakistan of yesterday”
Aziz goes on to say,
**“When the world was taking off in the 1980s and 1990s, we were busy with internal politics. This did not provide the continuity that a developing country needs” **
The report also shows the Pakistani government in its full scale attempts at persuading western businesses to invest in the country and maximize the land’s offering with its natural resources and cheap labor.
2005 predictions for Pakistan are looking up, what with exports set to hit $14 billion and a GDP growth seen to climb from 6.7% to 7.5% - predicted by no less than President Pervez Musharraf himself. Last Wednesday saw him sharing the good news with the delegates present at the Expo 2005: some **700-strong foreign companies operating in Pakistan **were reeling in double digit returns – some even making as much as 50%. He places the hourly labor rate side-by-side: an inviting $0.37 in Pakistan as compared to India’s $0.58 and China’s $0.67.
The newspaper goes on to share the 100% annual growth rate of foreign investments in Pakistan, with US and Britain leading the winning race. Even the Karachi stock exchange turned in an excellent performance in the boardroom for 2003 – with a further 50% increase for 2004.
The report simply gives an overview of the influx of foreign investments into Pakistan. Manchester-based Drillcorer has migrated its drills production unit to Pakistan and Honda is following suit with its two motorcycle factories. All these add up to the growth in Pakistan’s manufacturing sector, pegged at more than 15% a year.
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
NCR US company to develop ATM software in Pakistan 3/19/2005 2:25:11 PM
**NCR US company to develop ATM software in Pakistan **
ISLAMABAD, Mar 18 (APP): Minister for Information Technology, Awais Ahmad Khan Leghari on Friday said IT industry of Pakistan had matured considerably during the last couple of years with major global IT giants setting up their software development centers in the country.
“Our liberal and investment friendly policies have been received well by the investors who have started coming to Pakistan in a big way to participate in the tremendous growth we are registering in the telecom and IT sector,” he said. The Minister said this during a meeting with Stelios FragKos, Vice-president Middle East Africa region of NCR Corporation, a leading US firm specializing in the data warehousing and financial services sector.
Stelios briefed the Minister on the NCR initiative of setting up a global consulting center in Islamabad where currently about 100 local professionals are employed and the number will grow to over 200 within the next 12 months. He said these young Pakistanis have made a name for themselves in the global NCR network, and we are extremely pleased with the decision that NCR had taken a year or so ago, to make Pakistan a base to which outsource our key IT related work.
Stelios lauded the government strategy of developing strategic relationships with the major IT companies, citing example of his company which he said was already looking very seriously at the prospect of setting up a software development center in Karachi which would specialize in providing solutions to the Automated Teller Machines for use in the financial services industry in the region and beyond.
The Minister said the **IT market is growing at a healthy 30% year on year, and this year too it is expected that the growth will be in this range, adding “there is virtually no other industry in the country that can come close to this growth rate recorded by the IT sector.” **
Dr Aamir Matin, Managing Director of Pakistan Software Export Board (PSEB) told the visiting delegate the government was fully aware of the intense competition that exists within the region to attract companies such as NCR to set up shops in their countries. He said the government had come up with an interesting package of incentives to foreign investors to ensure that Pakistan retains its competitive edge. “Among other incentives, we are offering the potential investors subsidies on training, generous R&D grants, and other fiscal incentives such as no corporate tax on exports of IT-enabled services,” he added.
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
Aziz goes on to say, **“When the world was taking off in the 1980s and 1990s, we were busy with internal politics. This did not provide the continuity that a developing country needs”
Present times are no different
**
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
the fundamental flaw in your posts is that you believe the India-Pakistan rivalry extends to economies/IT/etc.
find me one Indian that views Pakistan as an economic rival and i’ll give you a ladoo. there is no competition from Pakistan. only Pakistanis that think they are in competition.
Indians are fixated on China when it comes to these areas. Pakistan is more suited to compete against Bangladesh.
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
If India is fixated on China,..then Pakistan is fixated on china too…Don’t worry,..As I said in the my opening statement,..that Pakistan was too busy during mid 90’s internally,..now we don’t have any such problem,…We’ll beat you guyz faster than You guyz can beat Georgia ( Ex-USSR state ) whose GDP- per Capita is still more than India,…
Pakistan is going in the right direction now,…since we have and also getting more investments from the western countries,… Just relax and watch,…Just denying the facts or twisting it doesn’t help you
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
trust me when i say no Indian on earth is afraid of pakistan’s economy.
and why would Pakistan be fixated on China? there are no similarities. India and China have similar size and have a lot of direct economic competition. like i said earlier, Pakistan’s most appropriate competitor is Bangladesh…they have practically identical populations and economy.
your “facts” are your projected future success of pakistan…“moving in the right direction”…“will be getting more”…“potentially attracting future investment”…“watch and see in the future”…how about you start bragging once you actually reach any of this success.
lol, do you have any idea what the “future” estimates are for India’s economy? i know you don’t want to play that game.
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
My comments are not furure directed,..There are like 700 companies already invested in Pakistan and others are following suit,…
BTW,..I don’t expect India to be afraid of Pakistani economy,..Coz,..Indian Economy/population is 7 time bigger than Pakistan,…But we got to do what we got do,.,..which is being done already,…
Re: Circumstances Make Pakistan Hot IT Outsourcing Location.
pakistan has the highest IT growth rate and is higher then MR. INDIA.