Foreign investment of 100% is permitted in the telecommunications sector. About 100 IT and telecoms companies from the United States, Europe and Japan have offices in Pakistan, including Oracle, Cisco Systems, International Business Machines, Microsoft and Intel. Two leading ISPs have foreign connections: Worldtel is an affiliate of Worldtel Canada and NetSolConnect is owned by NetSol Technologies of the US and the Akhter group of the UK.
Foreign investors are allowed to invest up to 100% in software companies, and foreign interest in Pakistan’s technology sector has been increasing. Local entrepreneurs have set up around 100 call centres in recent years in Pakistan; one of the first was a call-centre that Align Technologies (US) set up in 2000.
The United Nations Industrial Development Organisation and the World Bank also support projects for information-technology development.
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