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According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The Government of Pakistan has prioritized Information technology as a key component of its efforts to establish an "Information age" within the country. [12] Significant progress has been made in developing efficient computerized e-government systems for major departments, including the police, law enforcement agencies, and district administration. [12]
Pakistan Software Export Board (PSEB) is an apex Government body mandated to promote Pakistan's IT Industry in local and international markets. PSEB facilitates the IT industry through a series of projects and programs in infrastructure development, human capital development, company capability development, global marketing, strategy and ...
Founded in 1989 in Pakistan by Bakhtiar Wain as Innovative Automation and Engineering Ltd (IAEL), the company's majority stakes was acquired by Engro Corporation which merged it with Advanced Automation Associates (AAA) to eventually rebrand it as Avanceon. [5] Avanceon was converted to a public company in 2008. [6]
[2] [3] The company's headquarters is located in Lahore, with offices in Riyadh, Muscat, Tehran, Kabul, Doha and London. [4] As of 2016, NES has been contracted to carry out 3,642 projects out of which 3,116 are located in Pakistan and 526 are overseas projects with the cumulative cost of projects at $243 billion.
NetSol Technologies was founded as Network Solutions in 1996 by Najeeb Ghauri, a Pakistani-born American executive with a background in corporate sector, and Salim Ghauri who worked as an IT consultant in Australia. [5] [6] [7] NetSol was listed on NASDAQ in 1999. [8] It is also listed on the Pakistan Stock Exchange. [9]
Transworld Associates is a Tier-1 provider based in Pakistan serving as a backbone for IP connectivity in Pakistan. It is a joint-venture between Orastar Limited and the Oman based OMZEST Group. [1] Transworld owns and operates the 1,300 km submarine communications cable named TW1 that links Pakistan to the United Arab Emirates and Oman.
Descon (Urdu pronunciation: [ˈdɛs.kɔn] DES-kon) is a group of companies headquartered in Lahore. It operates in the engineering, power and chemical sectors. [1] Descon is active in UAE, Qatar, Saudi Arabia, Kuwait, Oman, Iraq, and South Africa. [2]