The prospects for this sector are bright and industry benefits from a combination of decade plus tax holidays, zero duties on computer inputs, incentives for venture capital, liberalization of wireless local loop and landline sectors etc.
Second, long time back Pakistan achieved self sufficiency in wheat and other strategic products; it is the world’s fourth largest producer of cotton which caters for local textile and clothing industry, while  2  Pakistan: Growth and Export Competitiveness, World Bank, 2006  3  Ministry of Finance: Economic Survey of Pakistan, various editions  4  Trade Liberalization, Growth and Poverty, (SPDC) Annual Review 2005-06  5  Privatization Commission of Pakistan  BIS Review 3/2007  3  feeding China and other regional competitors with cotton yarn and grey cloth.