Islamabad IT Park to be Operated and Managed by Third Party Company
The Islamabad IT Park has entered its final stage and is expected to become operational within the next 30 days, … Read More The post Islamabad IT Park to be Operated and Managed by Third Party Company appeared first on ProPakistani .
The Islamabad IT Park is nearing completion and set to open its doors within the next month, according to Ministry of Information Technology and Telecommunication sources. Over 90 percent of the construction work has already been finished. Once operational, a private company will handle its day-to-day functions, including maintenance, security, office space allocation, commercial operations and revenue management.
An independent oversight body, the Pakistan Software Export Board (PSEB), will monitor the operator's performance to ensure smooth running of the facility. The PSEB has opened the door for a third-party operator to step in and take charge of managing, maintaining and monetizing the IT Park once ready. The sprawling 720,269 square foot facility will provide ample office space for tech firms, alongside incubation centers, meeting and training rooms, an auditorium, a business hub, commercial stalls, parking spots and ancillary services.
This state-of-the-art infrastructure is poised to cater to the needs of both local and foreign tech firms, startups and IT professionals alike. By delivering cutting-edge facilities, the park aims to boost Pakistan's digital economy, encourage business expansion and bolster the nation's software export sector.
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