Pakistan has been awarded the title of 2024 Best Tech Destination at the upcoming GITEX Global event, representing a significant milestone for the nation’s IT sector. This recognition comes ahead of the October event, underscoring Pakistan’s rising importance in the global technology arena.
GITEX Global, the largest technology exhibition in the Middle East, North Africa, and South Asia, emphasizes innovative technologies and AI-driven economic futures. It serves as a platform for international IT experts, investors, and companies to build collaborations and partnerships.
The Pakistan Software Export Board and the Trade Development Authority of Pakistan will lead the country’s participation in GITEX Global 2024. Over 80 leading companies and startups from Pakistan are set to attend, showcasing the diversity of the nation’s tech ecosystem.
Pakistan’s IT industry is experiencing rapid growth, with approximately 75,000 IT graduates entering the workforce annually, bolstering a strong freelance community. The Kearney Global Location Index ranks Pakistan as a prime destination for IT outsourcing, with operational costs up to 70% lower than those in North America.
The Special Investment Facilitation Council (SIFC) has been instrumental in advancing Pakistan’s IT sector toward economic growth and innovation. This recognition at GITEX Global 2024 is expected to provide Pakistan with a platform to showcase its capabilities on the global stage, potentially attracting additional investments and partnerships in the tech sector.
