IT Park Project Worth Rs. 42 Billion Started in Karachi

The ministry of information technology and telecom is set to launch an ambitious multi-billion-rupee IT Park project.

IT Park project that would help more than 200 tech companies and create employment opportunities for 20,000 young IT professionals.

Officials said that the IT Park project was approved by Ecnec in June 2021 with an estimated cost of Rs42 billion.

The project is expected to be completed by June 2026.

“The purpose of the IT Park is to provide a place where innovative businesses could develop and prosper,” said an official.