UK trade team keen to explore Pakistan’s IT potential
KARACHI ,February 07 2005: The investment policy of the Pakistani government has created a sense of stability and would help attract foreign investors. These views were expressed by the visiting delegation from the Development and Regeneration Services, Glasgow City Council, Britain, George Paterson in an exclusive interview with Business Recorder on the sidelines of a luncheon meeting for a Korean-based information technology company on Thursday.
The delegation sees opportunities in the human resource and information technology in Pakistan. He said: “Pakistan has the talent and well-trained young people who understand the information technology very well.”
“We are already using people in Pakistan. So, we are interested to see some other companies taking advantage of this resource,” he added.
Another British delegate, Genuine Games managing-director Gordon D. Ross told Business Recorder that the primary focus to meet with information technology companies is to develop their ability to compete in the 20-billion-dollar a year international video games industry.
So just working together with Pakistani companies we are trying to position them (Pakistani companies) alongside our own team, he added. to a query, he said Pakistan is rich in IT potential, its human resource is very capable and we are looking to develop relationship and capabilities for them.
“We are exploring a number of possibilities and looking for different partners in Pakistan, as we are already working with some companies here, but we are looking for co-venture and co-investment in Pakistan,” he added.
He said: “We are looking for a number of things like mobile market and also interested in developing Pakistani mobile video game market.” There are only a few companies capable of developing mobile video games internationally, he added.
The Genuine Games is engaged in the development and marketing of 3D video games. In 2004, Glasgow was named as ‘intelligent community of the year’ for its efforts in using technology to enhance the city’s economy.
The city’s effort to exploit technology for the benefit of its people and businesses has been recognised by the New York-based Intelligent Community Forum (ICF), a non-profit think tank which researches the impact of broadband and IT on economic growth at the local level.
Source: Business Recorder
Date:2/7/2005
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