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Pakistan to Develop State-of-the-Art IT Parks to Boost Tech Sector

  • November 7, 2024
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Pakistani government is actively working to establish a network of state-of-the-art IT parks across the country to foster innovation, create jobs, and drive economic growth.

The initiative, aligned with Prime Minister Shehbaz Sharif’s “Digital Pakistan” vision, aims to provide a conducive environment for young entrepreneurs and IT professionals to thrive. The government believes that these IT parks will play a pivotal role in attracting foreign investment, enhancing exports, and bridging the gap between academia and industry.

One of the key projects in this regard is the IT park being constructed in Chak Shahzad, Islamabad, with financial and technical assistance from Korea. This 12-story complex, spanning over 66,000 square meters, will offer office space, testing laboratories, classrooms, and an industry-academia linkage center.

By investing in these IT parks, the government aims to boost Pakistan’s IT exports to $25 billion. This ambitious goal will be achieved by fostering innovation, creating a skilled workforce, and attracting international investment. The government’s commitment to the development of the IT sector is evident in its various initiatives, including the establishment of these IT parks.

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Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
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