Islamabad: Ministry of Information Technology (IT) plans on establishing software technology parks in Rawalpindi and Faisalabad, according to media reports.
For promoting the growth of the IT sector, two Memorandum of Understandings (MoUs) were signed for setting up technology parks in these cities. In this regard, a ceremony was held at the Ministry of Information Technology on Thursday (May 20).
As per the details, the software technology park in Faisalabad will be set up at Sitara Chemical’s Ali Fatima College of Science & Technology on an area of 19,500 sq. ft. The software technology park in Rawalpindi will be created at Amazon Outlet Mall on an area of 44,000 sq. ft to meet the demand of the technology sector in the twin cities.
The government encourages the IT sector’s growth through incentives to focus on improving Pakistan’s economy, quality of life, and to create more jobs, stated IT & Telecom Secretary Shoaib Ahmad Siddiqui.
Aside from this, plenty of other projects are being set up that will assist and facilitate the IT sector to grow and lift the export and local earnings, said Siddiqui. In his speech, the secretary appreciated the efforts of entrepreneurs and IT professionals for making Pakistan the largest net exporter in the IT services industry.
Further, he added that there is a need for close collaboration of the public sector and IT industry for the growth of the sector. According to Pakistan Software Export Board Managing Director Osman Nasir, software technology parks are being established with the partnership of the public-private sector. Under this initiation, the unused buildings will be transformed into such parks.
The director also shed light on other software technology parks being set up in the country. More prominent of these include Quaid-e-Awam University of Engineering and Technology (SSUET), Ultrasoft Building Quetta, IBA Sukkur, Sciences & Technology University (QUEST), and Vertexsoft Building Swat.