ISLAMABAD: Through the effective strategy of the Special Investment Facilitation Council (SIFC), European companies are demonstrating a keen interest in investing in Pakistan’s IT sector.
Graduates of the National Incubation Centers, established under the auspices of SIFC have started attracting foreign IT firms to invest in Pakistan.
One such European software company has announced plans to establish a state-of-the-art data center in Karachi, marking a significant milestone in the country’s IT landscape.
According to reports from the Microsoft Network, the tireless efforts of SIFC and the extensive networking facilitated by the National Incubation Centers have bolstered foreign companies’ confidence in Pakistan’s IT sector, as well as in other industries.
This renewed confidence has led foreign enterprises to consider relocating their operations to Pakistan, drawn by the nation’s expanding capacities, skilled workforce, and promising opportunities.
Among these ventures, IceWarp, a prominent software company from the Czech Republic, is set to establish a data center in Karachi through a partnership with Pakistan’s own Hexalyze.
Jan Urbik, Global Chief Sales of IceWarp, expressed optimism about Pakistan’s potential for digital transformation, particularly within government and private sector organizations. He pledged support to Pakistan’s IT mission by offering affordable solutions.
IceWarp’s investment holds the promise of substantial cost savings, with potential reductions of up to 60 percent in software and cybersecurity services for various sectors, including industries, financial institutions, small and medium enterprises, and startups.
