Tag: 5138b

Investment in IT industry goes up at $5.138b

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STAFF REPORT ISB: IT investment in Pakistan has risen to $5.138 billion as the sector is moving on a fast track. The Pakistan Telecom Authority and the five key companies operating in the country say "a large portion of this investment inflow is from foreign investors ranging from the UAE to Egypt, the US and China, among others". The amount includes investment made between FY-2010 and end-2015. A good year for investment was FY-2014 when the amount was $1,815.6 million and…Read More