The computer industry has witnessed over 50 percent decrease in its retail/vendors business, following recent terrorist attacks in various parts of the country, says latest computer sector data issued here Wednesday.
The Pakistan Computer Association (PCA) on Wednesday convened a meeting here to discuss the negative implications of the current law and order situation on the computer business. The meeting shared the data compiled on national basis to ascertain the impact of law and order situation on the computer industry.
Yousaf Jamal, Senior Vice President of PCA Central while chairing a meeting informed the participants about the latest statistics that show a 50 percent decline in computer business after the recent spree of terror in the country. He said that computer industry, which was already confronting with a fragile business environment, was now struggling to survive for its very existence. The acts of terrorism in various parts of the country have badly hampered the business activities.
The SVP of PCA said that Pakistan has already lost sufficient chunk of foreign/domestic investment and business activities due to rising phenomenon of terrorism and bomb blasts is forcing many investors and businessmen to look for safe destination for their investment. He said that the agonising incidents will act as a demoralising factor for prospective investors who will desist from considering Pakistan for investment ventures.
Yousaf Jamal called upon the government to take all possible measures and equip security apparatus with better technology, equipment and tools to forestall such incidents effectively and control the law and order situation so that normal business activities in the country may be revived.