Swat IT initiatives and technological development are also a part of Software Technology Park. IT Minister Syed Amin ul Haq said in his speech at a contract signing event for the launch of IT projects in Swat that more than 25 Software Technology Parks will be developed in Pakistan by the end of 2021 through public-private partnerships for the construction of software technology parks.
Telenor has received a Rs. 781 million grant from the Universal Service Fund (USF) to provide high-speed mobile broadband services in Swat, while the Pakistan Software Export Board (PSEB) has opened the second phase of its Software Technology Park in Mingora.
Syed Amin ul Haque, the Information Technology Minister, said during the signing ceremony that following this project, 65,695 people will be able to use a high-speed broadband mobile service that will allow them to access the internet and communicate with the digital world. He also indicated that more than 500 IT experts will establish their businesses in the software park, which would employ around 2,000 people directly or indirectly.
People in the Swat areas live in the mountains and have challenging routes to travel and interact with one another. According to IT officials, this project will deliver high-speed internet to make life easier for Swat residents and tourists.