Report by Engineering Post
Four new Special Technology Zones are planned to be established by the Special Technology Zones Authority in Rawalpindi, Islamabad and Lahore.
These planned new special technology zones are planned to consist of 1.4 million square feet high quality technology infrastructure and in total 130 acres of land will be available for the exclusive use by the technology companies.
These zones will have the capacity to house more than 50 thousand professionals with an export potential estimated to exceed US $ 350 million annually.
An investment of Rs 30 billion has already been made in developing the specialized technology infrastructures by the zone de developers while more than Rs 150 billion investment is expected to be made by the local and foreign technology companies.
The newly-designated zones included NUST Special Technology Zone and Tech7 Special Technology Zone in Islamabad, Capital Smart Technology Zone in Rawalpindi and Mindbridge Special Technology Zone in Lahore.
These newly notified zones will offer state-of-the-art facilities, cutting edge infrastructure, and high-speed internet connectivity ensuring that the entrepreneurs can compete and thrive in the international market.
Already, 12 Special Technology Zones are working in different parts of the country housing more than 15000 technology professionals.
