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Pakistan lands $150 million in software deals, official says

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    Pakistan lands $150 million in software deals, official says

    Good news for Pakistani software companies. Maybe soon we will catch with India in sofware export.


    http://home.kyodo.co.jp/all/firstp.j...08#20020507008


    ISLAMABAD, May 6 Kyodo - Pakistani software companies have landed $150 million in contracts for software exports at two international information-technology exhibitions last month, the Pakistan Software Export Board said Monday. (03 :20)
    All people are equal, but some are more equal than others. We call these "corporations."

    #2
    We still have a long way to go, very long way. So lets not get ahead of ourselves here.

    ------------------
    Iím just a freedom fighter
    No remorse
    Raging on in holy war
    Soon thereíll come a day
    When youíre face to face with me
    You can't fix stupid. So might as well troll them!

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      #3
      Originally posted by Shamraz Khan:
      Good news for Pakistani software companies. Maybe soon we will catch with India in sofware export.
      Why May be??? You are not confident?
      Anyway Good luck. Hahahah.

      ------------------
      Fight for Justice

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        #4
        Is this a joke? No offence guys, 150 million is about 1.5% of India's software export (which is growing at about 33% year after year).

        Let us be realistic!

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          #5
          kumar- relax it is ONE deal,nobody is making it out to be more than that!

          Secondly,India's IT sector is not growing at that rate any longer.

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            #6
            Ok, I take back my words, it grew this year at 29% due global economic slowdown.

            Anyway, I wish Pakistan all the best!


            [This message has been edited by kumarakn (edited May 07, 2002).]

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              #7
              This is just one deal there are quite a few others besides if you want to compare it with India you don't compare using the actual numbers but per capita....

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                #8
                thanks for the wishes Kumar!

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                  #9
                  This is indeed a great step. Dealing software with Japan will certainly be good for Pakistan

                  Take Your Best Shot At Me

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                    #10
                    All the best!!

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                      #11
                      WOW...$150 Million. That translates to $1/person/year. Way to go Pak!!!!

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                        #12
                        For the pin heads $1B exports translate to $7B Indians. So Paks total exports are $9B v $50B for India. Now go figure...


                        Pakistan's Software Industry Seeks Fourfold Increase in Exports
                        By Khalid Qayum


                        Islamabad, Pakistan, May 7 (Bloomberg) -- Pakistan's software industry is seeking a fourfold increase in its exports to $1 billion this year after winning a series of contracts with overseas companies, the head of the nation's export board said.

                        Pakistani software companies signed contracts worth as much as $150 million with overseas companies at two separate software exhibitions in the U.K. and Saudi Arabia in recent weeks, Suhail Shahid, the managing director of the government-run Pakistan Software Export Board, told a press conference in Islamabad.

                        The contracts come as a boost to Pakistan's software companies, whose annual $250 million export industry is dwarfed by the 365 billion rupees ($7.45 billion) of neighboring India's software exports last year.

                        Pakistan wants to promote itself as a development center for software along the lines of neighboring India whose abundance of cheap technical skills has made it an investment destination for companies such as Microsoft Corp. and Oracle.

                        ``It is a big achievement,'' that Pakistani companies won the contracts while competing with Indian companies, Shahid said. ``With the effort that we are putting into the information technology sector, I think our export target is achievable.''

                        At an exhibition in London last month, Askari Information Systems signed a $120 million contract with Bechtel Group Inc. of U.S., Shahid said. Other contracts worth $10 million went to Winson Technologies, Croxlinx and Makabu, all Pakistani companies.

                        At a separate exhibition in Saudi Arabia, Pakistani companies signed contracts of $20 million with Saudi companies including SCECO, a Saudi Electric Supply Company, Shahid said.

                        Shahid said the export board plans to visit the U.S., China and Japan later this year in an effort to win software orders.


                        ©2002 Bloomberg L.P. All rights reserved. Terms of Service, Privacy Policy and Trademarks.

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                          #13

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                            #14
                            Its a good step in the right direction for Pakistan. Lets not pay attention to the cynical Indians on the site. Their whole purpose is to aggravate.

                            [This message has been edited by Adnan Ahmed (edited May 07, 2002).]

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                              #15
                              Originally posted by Shadab:
                              Originally posted by Shamraz Khan:
                              Good news for Pakistani software companies. Maybe soon we will catch with India in sofware export.
                              Why May be??? You are not confident?
                              Anyway Good luck. Hahahah.

                              What exacty did you found so funny in my post?

                              Oh, yes, and we know abut India's IT success, but what about this?

                              DEHRADUN, April 25: Despite a substantial increase in food grain production since Independence, nearly half of the world's hungry people reside in India, a report by the World Food Program (WFP) said.

                              "India is still classified by the Food and Agriculture Organization (FAO) as a low-income, food-deficit country", copies of the report distributed here Wednesday as part of a two-day State Consultation Workshop on Food Security in Uttaranchal said.

                              It said about 35 per cent of India's population is considered food insecure, consuming less than 80 per cent of minimum energy requirement, PTI said.

                              "Without adequate nutrition, a person may be unable to perform work productively, or a child may be unable to learn school lessons to his or her capacity, or a mother may give birth to a child with permanent impaired brain development", it said.

                              In India, the most vulnerable and those prone to malnutrition live in states susceptible to natural disasters and in areas where there is degradation of natural resources.

                              "Overwhelmingly, they are landless or functionally landless", it said adding that "these groups often live in isolated rural areas and have little access to mainstream development or subsidized food from public distribution system".

                              In order to fight hunger and poverty in India, the WFP has launched 70 development projects including supplementary feeding, supported forestry, livestock and dairy development, irrigation and rural development schemes.

                              All people are equal, but some are more equal than others. We call these "corporations."

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