PR No.31 TECH PAKISTAN 2019 AS PART OF LONDON TECH WEEK INITIATED AT PAKISTAN HIGH COMMISSION Islamabad June 12, 2019

Pakistan High Commissioner to the United Kingdom, joined by Seers Digital Group and Retail Direct Group, took initiative to formally become a participant of London Tech Week – an annual feature that attracts 55,000 tech loving people with a social media outreach of 297 million, says a press release received here today from London. High Commissioner Nafees Zakaria, who was the keynote speaker, underlined that Pakistan is a vibrant economy of 220 m consumer market with 64% young population and a rapidly digitizing and an ever growing appetite for technology and innovative services. He said Pakistan is a preferred source of software developers, programmers, designers and BPO specialists and ranked 3rd most financially attractive location in the world for offshore services. Mr. Zakaria highlighted that global enterprises like Bentley(R), Ciklum(R), IBM(R), Mentor Graphics(R), S&P Global(R), Symantec(R), Teradata(R), and VMware(R) have established consulting services centers, research & development facilities, and BPO support services centers in Pakistan. There are more than 6,000 IT & Allied companies currently registered. Pakistan is ranked as the 3rd most popular country for freelancing in the Online Labour Index published in July, 2018 by Oxford Internet Institute (OII). On the invitation of the High Commissioner, Mr. Parvez Abbasi, Project Director, National Incubation Centre and Member, Prime Minister’s Task Force for Youth Development also attended the event. He gave a presentation and participated in the panel discussion. Co-organizers, Seers Digital and Retail Direct Group brought together a panel of senior leaders and experts from across various industries to discuss and engage with the audience about Pakistan’s dynamic tech e-Commerce and IT industry and to highlight its investment potential. “Tech Pakistan 2019”, provided an insight for the Entrepreneurs and Venture Capitalists into the future opportunities in IT services sector of Pakistan. MY/AA

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