US Cos keen to outsource IT projects to pakistan

Karachi: Pakistan is expected to acquire a significant share of American companies outsourcing agreements in the field of information technology as a number of companies have shown interest in tapping the rich potential of Pakistani IT Industry services.

'Several renowned companies in USA, during the recent series of meetings with a visiting Pakistani delegation, expressed their willingness to outsource various projects to Pakistani companies,' a spokesman of Pakistan Software Export Board (PSEB) stated Friday.

The delegation, during its recent visit, held detailed meetings and networking sessions with leading corporations, trade chambers, academia and IT companies. These meetings were held in various American cities - Houston, Austin, Polo Alto and Chicago, reputed to be the hub of IT activities. These networking sessions have generated valuable business leads, which are likely to transform into successful business ventures, he said.

He stated that US companies, considering outsourcing IT projects to Pakistan are Yahoo, J.P. Morgan, Motorola, Sun Microsystems, Continental Airlines, Chase Bank, Houston IT Department, Prime Communications, American International University Houston, Cyber Tex, Cadence and Goldman Sachs.

Some American Universities and institutes of learning have also shown interest in developing a student exchange programme with Pakistan and to open training centres in the country, which is an encouraging sign for the local IT Industry.

The visit of Pakistan IT delegation and the networking sessions in the US were arranged by PSEB in collaboration with Texas Trade Council (TTC), Organisation of Pakistani Entrepreneurs of North America (Open) and Embassy of Pakistan in USA.

The purpose of this visit was to provide a platform to Pakistani IT companies for showcasing their products and services in front of a focused audience there.