One has the talent, one has the money – both want more tech
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The nations of the region are also keen to develop new industries and realize that IT businesses are an obvious candidate. Motkin said that established industries, such as mining, feature ticket-clippers who must be accommodated. The IT services industry lacks those complications – at least for now. Regional governments appreciate that tech is a less complex industry, in several dimensions, so are offering tax concessions.
One barrier to export – English proficiency – has largely been overcome."All internal communication in regional companies is now in English," he reported. Another issue – the quality of delivery skills – is improving as existing firms share their expertise and new players gain experience. "We have a huge hunger for knowledge and to become leaders in Saudi Arabia and Qatar," Motkin continued, adding the he's also seeing plenty of startups develop in Central Asia, and venture capitalists in the Gulf region willing to fund them.
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