Marri inaugurates Japanese IT firm -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

Marri inaugurates Japanese IT firm

Karachi: The government has focused on law and order to attract foreign investment, Sindh Information Minister Shazia Marri said on Wednesday after inaugurating the operation of a Japanese company DTS Incorporated in Pakistan.

“The huge investment of US$470 million from the Japanese company in the IT sector of Pakistan will not only promote trade relations between the two countries but will also provide employment opportunities to many young people,” Marri said.

She assured foreign investors of all possible help and support on behalf of the Sindh government. She said that the government would ensure safety and congenial environment for foreign investors.

DTS Pakistan Director Irfan Siddiqui said that the company was going to establish a hardware drive manufacturing industry in Karachi, while the company’s other operations include the establishment of software industry call centres, a data centre industry and a Japanese language centre at an estimated cost of US$170 million.

He said that through call centres to be established in Karachi and other parts of Pakistan, the US market would be explored for Japanese products. Local manpower would be provided maximum possible opportunities and employment, he said, adding that the purpose of Japanese language centre was also to provide Japanese language skills to Pakistani youth.

Source: The News

Date:1/29/2009