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EURO SOFTWARE PARKS SIGNS MOU WITH 10 PAKISTAN SOFTWARE COS.
LAHORE, April 2 Asia Pulse - Euro Software Parks (ESP), a Pan-European software company, has signed a Memorandum of Understanding (MoU) with 10 Pakistani software companies, focusing on a mixed model of off-shore and on-shore development of software in Pakistan.
"Main objectives of the MoU is to generate a turnover of $80 to $100 million globally. Out of this turnover, 22 percent would flow back to Pakistan for further investment, research and development," Dr Norman Rizwan, chairman Euro Software Parks, said while addressing a press conference.
The Pakistan IT concerns which have signed the MoU included, Habib Rafiq Technologies, NetSol, Nextbridge, Innovative, STI, CresSoft, Kalsoft, SLC, Askari and Systems Limited. ESP would help these companies in software development and software servicing for Europe. This development will contribute significantly in building a successful business bridge between Pakistan and Europe for superior software solution and in rum will ...
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Source: HighBeam Research, EURO SOFTWARE PARKS SIGNS MOU WITH 10 PAKISTAN SOFTWARE COS.