Federal Govt. Plans to Spend Rs.31 Billion to Set Up IT Park in Karachi

Tech and Telecom

The federal government plans to spend around Rs. 31 billion in Karachi to build an information technology park.

This IT park will contain around 210 IT firms with a total workforce of 8,400 people, as well as a multi-story office structure. Furthermore, the park will be 106,449 square metres in size, with eight storeys above ground and three subterranean levels.

A senior spokesperson at the Ministry of Information Technology stated that these IT zones and parks will allow for more cost-effective collaboration, digitization, R&D entrepreneurship, and innovation.

The key objective of this IT Park is to provide appropriate facilities and services for firms in the IT sector.

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