ISLAMABAD
\nWith digital growth going through a rapid evolution, Pakistan is inching towards establishing a vibrant network of state-of-the-art information technology (IT) parks aimed at providing young professionals with a launching pad to execute their innovative ideas and contribute to the national economy efficiently.
\n\u201cThese parks are expected to not only generate employment opportunities for IT professionals but also attract millions of dollars in valuable foreign exchange, boost the IT industry, and increase exports once they are completed and fully operational,\u201d said an official of the Ministry of Information Technology.
\nHe said the foundation stone of an IT park in Islamabad, assisted by Korea, was laid in Chak Shahzad to fulfill Prime Minister Shehbaz Sharif\u2019s \u2018Digital Pakistan\u2019 vision.
\nWhile sharing the details of the project, he said, \u201cRs 13.72 billion in projects is expected to address the infrastructure shortage in the IT sector.
\nIt will also facilitate technology transfer through industry and academia linkages, support technology commercialization, link tertiary education with production, promote research and development, and enhance IT exports and industry competitiveness.\u201d
\n\u201cThe Islamabad IT Park will consist of a twelve-story building (including two basements or ground floors plus ten stories) with a covered area of 66,893 square meters. Initially, it will provide office space for around 120 start-ups and small to medium enterprises, along with other facilities such as testing laboratories, classrooms, an industry-academia linkage center, and an auditorium,\u201d he added.
\nUnder the Prime Minister\u2019s vision, all relevant institutions and departments are collectively working on various projects to elevate Pakistan\u2019s IT exports to the $25 billion mark.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD With digital growth going through a rapid evolution, Pakistan is inching towards establishing a vibrant network of state-of-the-art information technology (IT) parks aimed at providing young professionals with a launching pad to execute their innovative ideas and contribute to the national economy efficiently. \u201cThese parks are expected to not only generate employment opportunities for […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-442306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n