AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

The Special Investment Facilitation Council (SIFC) has given the green-light to establish Pakistan’s largest IT Park in the G-10 sector of the federal capital, covering an expansive area of 3.3 acres, state-run APP reported on Monday.

The development comes after the Capital Development Authority Board earlier this month decided to construct the IT park in Islamabad.

According to details, negotiations are already underway with key stakeholders such as Pakistan Software Export Board and the Ministry of Information Technology and Telecommunication to ensure the successful execution of the IT Park project.

The project, operating under a public-private partnership framework, is poised to become a nucleus of technological advancement, boasting a comprehensive array of facilities aimed at fostering creativity and entrepreneurship.

PM inaugurates ‘Aerospace Science & Technology Park’

Among its features will be a state-of-the-art research center, a well-stocked library, software houses, conference rooms, dedicated work spaces for freelancers and startups and an exhibition area for showcasing cutting-edge IT products.

Approximately 6.000 freelancers are slated to benefit from access to top-notch facilities, empowering them to contribute significantly to Pakistan’s economic landscape through the provision of e-services.

The construction of this IT hub will be financed through collaboration with private IT companies, which will also lease office spaces within the premises.

Comments

Comments are closed.

Az_Iz Mar 25, 2024 05:38pm
It will be a good project, if it comes to fruition. More such projects are needed.
thumb_up Recommended (0)
Az_Iz Mar 25, 2024 05:41pm
If projects like this come to fruition, that is better than govt setting $15 billion IT exports target.Every new govt starts throwing numbers around for IT,Textile and overall exports, all the time.
thumb_up Recommended (0)
Saad Mar 25, 2024 07:27pm
What happened to IT park project in Chak Shahzad ? Hearing about that since childhood and still not a single brick is laid.
thumb_up Recommended (0)
Javaid Bhai Mar 26, 2024 02:33am
Freelancers work from home. Spend that money on upgrading the education infrastructure !
thumb_up Recommended (0)
Re=== Mar 26, 2024 02:39am
IT park? Good idea, but reminds me of CPEC SEZ that has been talked about for a decade. Not even a single sez is in operation or even finished.
thumb_up Recommended (0)
Junaid Mar 26, 2024 05:27am
This is not the largest IT park in Pakistan. The largest IT park of 700,000 sq ft is in Chak Shahzad Islamabad which is being funded by Korea Eximbank and its construction will be completed by 2025.
thumb_up Recommended (0)