With assistance from the Special Investment Facilitation Council, the IT Park in Islamabad is progressing quickly. With this program, Pakistan hopes to increase its IT exports and assist the government in reaching its $25 billion goal.
An estimated 13 billion dollars more in IT exports, 10 billion dollars from digitization, and an additional 2 billion dollars from the telecommunications sector are anticipated to be generated by the IT Park.
This fiscal year, the government has allotted 77 million dollars to the information technology sector.
The IT Park is expected to increase the nation’s IT exports, according to Prime Minister Shehbaz Sharif. According to professional guidance, steps are being taken to expedite the building schedule even more.
The involved South Korean company has advanced the project’s completion date from June 2025 to February 2025 with SIFC’s help. A comparable facility is likewise intended to be established in Karachi.
Strong sector performance is demonstrated by recent events, which include a 30% increase in IT exports and the hiring of 300,000 new IT trainees.
