A
A.Rahman
GUEST
Karachi Port Precinct Could Attract US$20 BLN IT Investment
KARACHI, Oct 27 Asia Pulse - The land of Port Qasim Authority (PQA) and its vicinity is capable to attract around US$20 billion foreign investment, which will also generate about $8 billion revenue from exports annually. This was disclosed by a survey conducted by a foreign company recently.
It said a 'Silicon Valley' in the proximity of Port Qasim could attract huge foreign investment, if the authority could develop modern infrastructure, which is required for grabbing potential foreign investment in the information technology sector and allied services.
The land is suitable and could cater for future IT demands by establishing manufacturing units for computer hardware companies and software houses, it added.
Some IT companies of neighbouring country are planning to establish 'disaster management' systems for their clients abroad and the PQA land as well as vicinity is ideal to help building such centres, further asserted by survey report.
(PPI)
http://au.news.yahoo.com/051027/3/wjig.html
