CDA Approves Pakistan’s Largest IT Park in Islamabad

CDA Approves Pakistan’s Largest IT Park in Islamabad

The construction of Pakistan’s largest IT park in Islamabad has received the green light from the Capital Development Authority (CDA), signifying an essential development in the technological progression of the city.

Located in the G-10 Sector, this ambitious project occupies an extensive area of 3.3 acres and aims to revolutionize the IT sector in Islamabad. With a vast space of 100,000 square feet dedicated to its main facilities, it’s crafted to support a thriving community of 5,000 to 6,000 freelancers, potentially providing a significant uplift to the region’s economic landscape.

Operating under the public-private partnership model, Islamabad IT Park aims to provide a customized and conducive work environment for freelancers, startups, software houses, and SMEs. The initiative seeks to address the growing demand for modern office space while fostering an ecosystem conducive to innovation and collaboration within the IT sector.

Read More: CDB Projects Bringing Economic Growth To Punjab: P&D Chairman

Integral components of this project include essential amenities like research facilities, conference halls, meeting rooms, and a library. Furthermore, specific zones will be set aside to display IT products, facilitate collaboration, and encourage creative advancements within the industry.

Nauman Khalid, a key official in technology at CDA, has announced that the upcoming project will be developed independently, without financial assistance from either the CDA or the government. After its completion, the ownership of the initiative will transfer entirely to CDA in a span of 15 years. Current discussions with the Ministry of IT and the Pakistan Software Export Board focus on enhancing cooperation to guarantee the project’s success.

Khalid highlights the beneficial influence of the program on the information technology sector, encouraging an environment that supports growth and creative advancements. With cutting-edge infrastructure and strategic partnerships on the horizon, the future of Islamabad’s burgeoning technology industry looks promising.

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