Establishment of Software Technology Parks

Engineering Post Report 

Software Technology Parks have been a major factor in facilitating Information Technology (IT) and Information Technology enabled Services (ITeS) companies in the country.

There was  a strong demand for Software Technology Parks due to the booming  of Information Technology industry.

In order to meet  the demand,  Software Technology Parks  are being set up  on public-private partnership basis. Public Sector Enterprises Board is also setting up these parks  through conversion of unused buildings into state of the art Software Technology Parks with particular focus  on second and tertiary cities of Pakistan. This would  expand  Pakistan’s tech eco  system beyond Islamabad, Lahore and Karachi, thus contributing  to the local economies  through extension of tech industry , export earnings growth and employment generation .

According  to the information till some months back, Public Sector Enterprises Board had  21 operational Software Technology Parks with 1.25 million square feet of space  serving 170 IT & ITeS companies..