Pakistan Software Export Board (PSEB has proposed PKR 24.39 billion for seven ongoing projects under the Public Sector Development Program (PSDP) for fiscal year 2026-27, focusing exclusively on accelerating existing initiatives to strengthen Pakistan digital infrastructure and IT export capacity. No new projects have been introduced for the upcoming year, with officials prioritizing completion and operationalisation of current developments, ranging from technology parks to startup and semiconductor programs.
The Islamabad IT Park remains the flagship initiative, achieving 72% physical completion and over 62% financial utilisation to date. Out of an estimated total cost of PKR 23.3 billion, approximately PKR 14.5 billion has been spent, with a further allocation of PKR 6.73 billion requested for 2026-27. Designed to host nearly 120 startups and SMEs, the facility features incubation centres, testing laboratories, conference facilities, and a Tier-3 data centre, expected to generate over 5,000 direct and indirect jobs while boosting Pakistan IT exports.
Progress on the Karachi IT Park has been slower, with only 10% physical and 5% financial completion against a projected cost of PKR 31.2 billion. Design work by a Korean consultant is complete, environmental clearance secured from SEPA, and aviation clearance obtained from PAA. However, procurement delays following two unsuccessful tenders have postponed contractor appointments, now contingent on financing approvals from K-Exim Bank. A modest allocation of PKR 11.5 million is proposed for the next fiscal year to maintain momentum.
To bolster Pakistan’s innovation ecosystem, PKR 1.802 billion has been proposed for startup and venture support initiatives, including operations under the Pakistan Startup Fund. Additionally, PKR 1.017 billion has been earmarked for the National Semiconductor HR Development Program to enhance technical capabilities in chip design and allied fields. Under the e-Rozgaar Pakistan initiative, 80 centres have been established across 30 districts, providing over 6,500 freelancer workstations, training programs, internships, and certification reimbursement schemes. Collectively, these measures aim to expand Pakistan’s digital workforce, increase export-driven IT growth, and enhance startup financing access, though delays in large-scale infrastructure projects continue to pose execution challenges.
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