What are the details of PSEB?

1 ANSWERS

1. Guest7422
   

   PSEB is a guarantee limited company with a Board of Directors comprising representatives of the Government, industry associations and the private sector. PSEB is Government-owned, and is mandated to promote Pakistan’s Information Technology (IT) industry.
   In order to achieve this objective, PSEB undertakes a number of programs:
   • About 700,000 square feet of IT-enabled space has been leased out to IT companies in PSEB-designated IT Parks, and there are plans to construct several new Parks over the next couple of years.
   • PSEB also operates one of the most successful quality certification programs in the world, under which 110 IT companies have received International Standards Organization (ISO) certification.
   • There are a number of human resource development initiatives, including an internship program which has received national recognition for placing 2500 interns within the IT industry – 80% of whom have been permanently employed.
   • PSEB works extensively with the international and domestic media in order to promote Pakistan’s IT industry, and also subsidizes participation in international trade shows and delegations. Under a new targeted marketing program, Pakistan’s key strengths in animation, call centers, finance, gaming, medical transcription, and other areas will be offered to promising markets.
   • PSEB also plans to launch a Venture Capital (VC) Fund that will be part of an ecosystem for IT financing. The organization also advocates industry perspectives with a number of Government agencies related to data protection, intellectual property protection, tariffs, taxation, and other areas.
   • Facilitation activities offered to IT companies include assistance in visa processing, call center certification, software import, and access to a number of PSEB-commissioned, as well as international studies and reports.
   All PSEB activities are part of an integrated strategy and action plan whose mission is to achieve fast track growth of the Pakistani IT industry from 2 billion dollars in 2006 to 10 billion dollars by 2010 – including global export receipts, domestic IT services, software and hardware.

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