Friday, October 18, 2024

Establishment of 40 Software Technology Parks Is Under Progress: IT Minister

Hundreds of projects under the PSEB’s “Tech DestiNation Pakistan” initiative have been launched to promote the IT industry. The aim is to provide IT professionals and businesses with facilities and training opportunities, as well as to draw domestic and international investors.

Work on developing a network of information technology parks across the country is also continuing, with 40 parks built through a public-private partnership in Swat, Bannu, Quetta, Faisalabad, Karachi, and Sukkur.

According to Amin ul Haq, technology parks in Gilgit and Hyderabad were making millions of dollars within months of their creation.

Meanwhile, PC-1 has been proposed to offer rental subsidies to 25 information technology parks in small towns. The minister added, “The foundation stone for setting up IT parks in Karachi and Islamabad at a total cost of Rs44 billion will be laid soon.”

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