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CPEC To Be Game Changer For IT Start-ups

Web Desk (May 21, 2108): China Pakistan Economic Corridor a horizon of growth and prosperity for every industry of Pakistan, now becoming opportunistic for IT also.

While Pakistan’s information technology (IT) ecosystem is evolving rapidly, experts suggest the government and private sector should lay a strong foundation for fast, healthy and balanced growth of product and service-based companies.Easypaisa can be expressed as a product-based company while TRG is a service-focused concern. In 2016, Pakistan had over 2,000 software houses and now it is the fourth largest base for freelance IT professionals. Of these, only around 10% are believed to be running product-based companies.Pakistan’s IT landscape is changing drastically. The IT industry’s size doubles every year and its private sector is expanding. It is the best time for domestic start-ups to cash in on the favourable situation as both private and public sectors need software to run their systems.

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