Special Technology Zones Authority (STZA) has unveiled plans for four new Special Technology Zones (STZs) across Pakistan, aiming to bolster the country’s tech sector and create employment opportunities.
The new zones, located in Islamabad, Lahore, and Rawalpindi, will span a combined area of 1.4 million square feet, with an additional 130 acres of land earmarked for tech companies. The government has already invested Rs. 30 billion in developing the infrastructure, and anticipates private investment of over Rs. 150 billion in the coming years.
These zones will provide state-of-the-art facilities, including high-speed internet, to attract local and foreign tech companies. They will offer significant incentives such as tax exemptions and forex benefits to encourage investment and growth.
The four new zones are expected to create over 50,000 jobs and generate exports exceeding $350 million annually.
STZA aims to position Pakistan as a global tech hub through these initiatives, aligning with the government’s vision for economic growth and job creation.
