Two Pakistani companies have made it to this year’s Forbes ‘Asia’s 200 Best Under A Billion 2020‘ list.

The Forbes list recognises 200 small and medium-sized companies which have performed the best in the Asia-Pacific region. The criteria for the companies is to have sales below the $1 billion mark.

Systems Limited Pakistan and Feroze1888 Mills Ltd made it to the annual list. Adviser to the prime minister on Commerce and Investment Abdul Razak Dawood appreciated and congratulated the companies for making it to the coveted list.

I congratulate the Systems Limited Pakistan on making it to the Forbes “Asia's 200 Best Under A Billion 2020” List. It is the only IT sector company from Pakistan which made it to this List. 1/3

— Abdul Razak Dawood (@razak_dawood) December 2, 2020

He praised the companies and expressed confidence that the achievement of these firms would “provide impetus to others to achieve similar laurels.”

Founded in 1977, Systems Limited Pakistan has the distinction of being the country’s first software technology company, according to a statement on its website.

I have always been a great believer in the entrepreneurship of our people. I am sure these three companies will provide impetus to others to achieve similar laurels. 3/3

— Abdul Razak Dawood (@razak_dawood) December 2, 2020