SI Global em­barks on IT ex­pan­sion in Pak­istan

Pakistan Observer - - ECONOMY WATCH - RE­PORTER

STAFF IS­LAM­ABAD—SI Global So­lu­tions has re­cently an­nounced its mis­sion for the ex­pan­sion of IT busi­ness in Pak­istan through rop­ing in for­eign in­vest­ment. The first phase of this agree­ment has been signed with SSC Global Ltd. and Mono­lith Risk for the al­lo­ca­tion of funds for medium term projects, amount­ing to Rs. 1.15 bil­lion. De­spite the chal­lenges faced in Pak­istan, SI Global has sum­moned these global ex­perts con­cern­ing the sus­tain­abil­ity and growth of the IT in­dus­try with re­spect to its po­ten­tial and fore­see­able con­tri­bu­tion in the global mar­ket. The in­vest­ment will be used as a thriv­ing ground for the devel­op­ment of mo­bile ap­pli­ca­tions, busi­ness con­sul­ta­tion, and sys­tem in­te­gra­tion across Pak­istan’s IT in­dus­try as this will also as­sist in nur­tur­ing fresh grad­u­ates and busi­nesses alike.

“One of the key fea­tures of de­ter­min­ing a coun­try’s progress is its rate of tech­no­log­i­cal ad­vance and its con­tri­bu­tion in the global busi­ness mar­ket,” said No­man Said, Chief Ex­ec­u­tive Of­fi­cer of SI Global, “quite a num­ber of bril­liant busi­ness ideas suc­cumb to be­ing di­vested be­cause of a lack of sub­stan­ti­ated fi­nances. This is why, through these in­vest­ments, we are en­sur­ing that busi­ness op­por­tu­ni­ties are not left un­tapped. There is no dearth of tal­ent in Pak­istan and this col­lab­o­ra­tion will help fa­cil­i­tate it.”

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.