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Home Technology and Innovation

Thousands of freelancers set to benefit as Pakistan’s largest IT park gets go-ahead

by Web Desk
March 26, 2024
in Technology and Innovation
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ISLAMABAD: Pakistan’s technology landscape is set to receive a major boost with the establishment of the country’s largest IT park in the federal capital.

Spread over an area of ​​3.3 acres, this ambitious project has received approval from the Special Investment Facilitation Committee (SIFC), marking a giant step forward in technological innovation in Pakistan.

This landmark decision marks a significant step forward for Pakistan’s emerging technology landscape and promises unique opportunities for innovation and advancement.

Discussions are already underway with key stakeholders such as the Pakistan Software Export Council and the Ministry of Information Technology and Telecommunications to ensure the successful implementation of the IT park project.

This joint effort underscores the government’s commitment to nurturing an enabling environment for technological innovation and entrepreneurship, and positions Pakistan as a regional leader in the digital arena, PTV reported on Monday.

The envisioned IT park in Islamabad’s G-10 sector is poised to become the hub of technological advancement and boasts a comprehensive array of facilities aimed at fostering creativity and entrepreneurship.

Its features will include a state-of-the-art research center, a well-stocked library, software houses, conference rooms, dedicated workspaces for freelancers and start-ups, and an exhibition area to showcase cutting-edge IT products.

The IT park project, operating under a public-private partnership, holds immense promise for the country’s developing independent economy.

Approximately six thousand freelancers are set to benefit from access to state-of-the-art facilities, enabling them to contribute significantly to Pakistan’s economic environment through the provision of e-services.

Crucially, the construction of this pioneering IT center will be financed through cooperation with private IT companies, which will also rent office space on the premises.

This synergistic partnership model is expected to revitalize Pakistan’s technology ecosystem, boost economic growth and create jobs in the digital sphere.

With the nearing completion of the Islamabad IT Park in the G-10 sector, Pakistan is on the cusp of a transformational era in its technological development and is poised to harness the limitless potential of the digital age for the betterment of its people and economy.

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