As coke studio hums in the background I got to learn today about two great growth stories. So here goes my “rant in good mood”. In Lahore, Umar Saif’s SCI (pronounced SKY, Saif Center for Innovation), an incubation center for startups recently launched in its own 4 storey building.
In Karachi, the new TPS Tower hosted a lunch of about 30 CEOs from the technology industry, inviting them to celebrate the opening of the new TPS Tower building. TPS , as a software firm is now is big enough to have its own tower! And all this with the amazing live music of the Coke studio sessions playing in the background makes for a very resounding and optimistic feeling about the innovation and growth happening in Pakistan. Do I sound like an advertisement for music and tech industries in Pakistan?
On a side note, the FX reserves of the country are now at 12 billion, hitting a high for the year. (They were at 3 billion and everyone was freaking out a few months ago). The Taliban are on the run and all but brought down. All we need to do now is fire the KESC’s management (and the local Siemens guys) and get our local engineers to fix the problems that the organizational structure has not let them so far.
So, sooner or later, this resilient economy will explode with growth and even more opportunities. Where will you be when that happens?
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