Telecom & IT Sector/Communication
Pakistan is fast becoming the destination of choice for a significant number of international IT companies looking to start their operations there. The ready availability of skilled professionals, an appropriate IT infrastructure, and affordable rates for connectivity result in considerable time and cost-savings for investors. Currently, Pakistan's IT industry's global share is estimated at USD 2.8 billion. With a skilled workforce of 110,000 English-speaking IT professionals in the economy, Telecom sector of Pakistan has attracted substantial investment after deregulation.
Total number of mobile subscription by end March, 2017 reached at 139.11 million and during last five years (FY 2014-16) telecom sector has contributed Rs.529.2 billion in terms of regulatory duties and taxes.