and upcoming mega opportunities in the EU offer Pakistani software
industry a unique niche market to expand its export base. PAGE
highlights the need for concerted policy and efforts by both the
government and the industry itself not to miss the opportunity the
second time around and the necessity to focus on EU as the primarily
destination of locally developed IT services and solution.
another financial restructuring of KESC is on the cards to improve its
privatization prospects. It had become all the more necessary due to
mounting pressure of the lenders on the GoP to curtail losses of state
owned enterprises. Privatization of the ailing utility is being
actively pursued. However, it should be remembered that the various
previous attempts failed mainly due to inability of the management to
improve cashflow, the other contentious issues being very high T&D
losses, inefficiencies and mounting receivables.
Pakistan has started exporting cement to Afghanistan. Cement
manufacturers and exporters are of the view that demand will go up
with the increasing pace of reconstruction in Afghanistan. However, to
get a major share in cement exports we have to reduce the cost of
production in the face of prices offered by other competing countries.