Covering an expansive 3.3-acre area, this ambitious project has cleared hurdles with its approval from the Special Investment Facilitation Committee (SIFC), heralding a monumental step towards fostering technological innovation in Pakistan.
Negotiations are already in progress with key stakeholders such as the Pakistan Software Export Board and the Ministry of Information Technology and Telecommunication to ensure the seamless execution of this landmark project. These collaborative endeavors underscore the government’s steadfast commitment to creating an environment conducive to technological innovation and entrepreneurship, positioning Pakistan as a regional powerhouse in the digital landscape.
Located in Islamabad’s G-10 sector, the envisioned IT Park is set to become a nucleus of technological advancement. It will boast a plethora of facilities aimed at nurturing creativity and fostering entrepreneurship. Among its features will be a cutting-edge research center, a comprehensive library, software houses, conference rooms, dedicated workspaces tailored for freelancers and startups, and an exhibition area for showcasing state-of-the-art IT products.
Operating under a public-private partnership framework, the IT Park project holds immense promise for Pakistan’s burgeoning freelance economy. It is estimated that approximately six thousand freelancers will reap the benefits of access to top-notch facilities, empowering them to make significant contributions to Pakistan’s economic landscape through the provision of e-services.
Crucially, the construction of this pioneering IT hub will be financed through collaboration with private IT companies, which will also lease office spaces within the premises. This synergistic partnership model is anticipated to invigorate Pakistan’s tech ecosystem, driving economic growth and job creation in the digital sphere.
