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Pakistani Tech Companies Shine at Singapore Tech Week under Tech Destination Pakistan.

News Desk by News Desk
October 11, 2024
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KARACHI: Pakistani companies exporting IT and IT-enabled services are
participating in Singapore Tech Week for the first time under the
banner of “Tech Destination Pakistan.

Muhammad Umair Nizam, Senior Vice Chairman of P@SHA, emphasized the
importance of Singapore as a key market for Pakistan’s IT exports.
“This is our first participation in STW, and we see tremendous
potential for collaboration. We aim to have an even larger presence in
future editions,” he said.

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Singapore’s strategic role as a global technology hub makes it an
important destination for Pakistani IT companies seeking to expand
their global footprint, driving Pakistan’s ambition to become a
leading tech exporter.

” Prominent companies, including Hexalyze, Alethia-AI, Synapsify, Zeki
Expert Solution, and Ecommerce Gateway Pakistan, showcased their
innovative solutions, engaging with potential buyers and partners
across the region.

CEO Hexalyze Saad Shah said that Pakistan’s IT companies are now
actively exploring new markets in different markets, mainly the Asean
region through Singapore to enhance the exports in terms of values and
volume at an accelerated rate.

He mentioned that Singapore was not focused in the past by Pakistani
companies due to their market concentration in the USA, however,
Pakistani companies are increasing their presence in Singapore with
the establishment of offices and participation in tech events.
Pakistani companies with their expertise in different fields of ICT
will attract a good number of clients and business orders this year.

Her Excellency Ms. Rabia Shafiq, High Commissioner of Pakistan in
Singapore, visited the pavilion, offering support and encouraging the
companies’ efforts.

Singapore Tech Week is a renowned tech event across the world with the
participation of more than 500 international exhibitors.

According to an estimate, Singapore is one of the global leaders in
technology development with ICT market size stands at $47.88 billion
in 2024 and is expected to reach $76.67 billion by 2029.

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