Lahore, Pakistan – May 5, 2025 – Avanceon Limited (PSX: AVN), a leading industrial automation and digital transformation firm, has kicked off the 2025 fiscal year with an unprecedented project backlog of over USD 75 million (PKR 22 billion), signaling a year of robust growth and sustained momentum across global markets.
The company has already secured USD 9.7 million (PKR 2.8 billion) in new orders within the first few weeks of the year, laying a solid foundation for far exceeding its revenue forecast for 2025. With more than 75% of its revenue generated outside Pakistan, Avanceon remains one of the most internationally diversified technology companies listed on the Pakistan Stock Exchange.
Backed by a track record of operational excellence across 15 industry verticals, Avanceon has been pre-qualified for 13 high-value projects worth an estimated USD 180 million globally. The company’s footprint spans high-growth regions including the Middle East, Africa, South Asia, and Central Asia—markets increasingly investing in smart infrastructure, energy efficiency, and automation.
Avanceon is also planning a small-scale IPO in an international market once it surpasses USD 100 million in annual revenue—a milestone it is expected to reach this year. This will be a strategic step to unlock new growth capital and further elevate its international presence.
Locally, Avanceon is investing PKR 2 billion into its Lahore Tech Park, which will serve as a future hub for innovation, engineering, and smart manufacturing. The project benefits from Pakistan’s Special Technology Zone (STZ) regime, which offers tax and duty exemptions for qualifying infrastructure and technology investments.
As Avanceon enters 2025, its record-breaking backlog, rising new orders, and international ambitions position it as a high-growth technology leader poised to deliver significant shareholder value and continued industry impact.
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Company Name: Avanceon Pakistan LLC
Contact Person: Support Team
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Country: Pakistan
Website: www.avanceon.ae