Pakistan-UK Tech Initiative Launched In The UK

Pakistan-UK Tech Initiative Launched in the UK

An initiative to promote greater links and economic growth between the United Kingdom (UK) and Pakistan's tech sectors launched in the UK Parliament on April 24,2019, in London

LONDON, (APP - UrduPoint / Pakistan Point News - 25th Apr, 2019 ) :An initiative to promote greater links and economic growth between the United Kingdom (UK) and Pakistan's tech sectors launched in the UK Parliament on April 24,2019, in London.

A statement of the Pakistan High Commission London issued here on Thursday said that the organisers', Tech London Advocates Pakistan (TLA), a collection of tech experts and innovators, brought together thought leaders, business and investors to foster greater collaboration, innovation and sharing of technical knowledge and best practice with an ambition to forge stronger links between the UK and Pakistan's tech sectors.

The launching ceremony was also attended by Pakistan's High Commissioner to the UK, Mohammad Nafees Zakaria, as a keynote speaker, alongside the UK's Deputy High Commissioner to Pakistan Elin Burns.

Speaking on the occasion, High Commissioner Nafees Zakaria said Information Technology (IT) industry was among the top 5 net exporters of the country with the highest net exports in the services industries.

He said that Pakistan has an enormous human and knowledge capital potential with 64 percent of 220 million population under the age of 29 and almost 30 percent in the 15 to 29 age group.

"Pakistan is ranked 3rd most financially attractive location in the world for offshore services, according to A.T. Kearney's Global Services Location Index 2017. Several international companies including Global enterprises like Bentley, Ciklum, IBM, Mentor Graphics, S&P Global, Symantec, Teradata, and VMware have established global consulting services centers, research & development facilities, and BPO support services centers in Pakistan.

", he remarked.

Speaking at the event, UK Deputy High Commissioner to Pakistan, Elin Burns said"Technology businesses are at the heart of the UK economy and are playing an important role in driving growth across the country, from financial services and high-value manufacturing to retail and agriculture." London , he said was ranked the second most connected place globally for tech. "With the UK's expertise and the untapped potential of Pakistan's burgeoning sector, tech is a potentially high growth area for further collaboration, creating jobs and prosperity for both our countries.", he remarked.

Pervez Abbasi, Project director, National Incubatra Centre, made a presentation on the project.

Naheed Afzal, Founder of Tech London Advocates Pakistan, said "We are witnessing a new and emerging Pakistan. One that is young, vibrant and enterprising. This initiative creates a platform for tech businesses and entrepreneurs to connect, collaborate and share positive ideas and opportunities to the benefit of both the UK and Pakistan, countries which share such close links." The initiative would seek to create a Pakistan-UK tech corridor, providing a gateway for greater connectivity between the two countries.