IT Park will offer 15,000 job opportunities
Islamabad: The IT park will provide employment opportunities for around 15,000 IT experts, students and industry-related professionals after its completion.
The foundation stone for Park was laid in Chak Shahzad on May 6 by IT and Telecommunications Minister Syed Amin Ul Haque, who aimed to realize Digital Pakistan Vision. An IT ministry official said the project would be completed in 30 months with a total cost of Rs13.72 billion.
The park would not only alleviate the lack of infrastructure for the IT sector, but also facilitate the transfer of technology via industrial and university links, support the commercialization of technologies, link higher education and production, to promote research and development; in addition to improving IT exports and industry competitiveness.
IT Park Islamabad would consist of a self-contained twelve-storey building (two basements or ground floor plus 10 floors) with a covered area of 66,893 square meters. The IT park would be developed with state-of-the-art infrastructure and related facilities for IT companies with financial assistance from Exim Bank, Korea, he added. He said a similar type of computer park would also be established in Karachi soon.
Islamabad IT Park initially provided office space for around 120 start-ups and small and medium-sized enterprises and other ancillary facilities such as testing laboratories, classrooms, a focal point between universities and industry. , an auditorium, etc.
He noted that currently, the total number of Software Technology Parks (STP) in Pakistan was 15, including three in Islamabad, two in Rawalpindi, eight in Lahore and one in Karachi and one in Gilgit.
He said, “We want to create software technology parks in small and large cities across the country,” adding that the department attached to the Ministry of Informatics, Pakistan Software Export Board, is working on establishing software technology parks. in Quetta, Gwadar, Faisalabad, Bannu, Swat. , Mardan, Sukkur and Hyderabad.