News Column

Small Software Technology Parks to be upgraded into ICT Parks

August 1, 2014

Ministry of Information Technology and Telecommunications is to shift small Software Technology Parks into Information and Communications Technology Parks to encourage emerging technologies.

The proposed ICT Parks would be developed with state-of-the-art infrastructure, aiming to bring together world-class technology in a multi-purpose environment.

The Ministry in its list of new initiatives has said in addition to IT companies, enterprises from a wide spectrum of sectors will be encouraged to locate to the ICT parks,Radio Pakistan reported on Wednesday.

This would help encourage establishment of Research & Development centers to facilitate the IT, telecom, pharmaceutical, medical devices, biotechnology & nano-technology, banking and space sector as well as promotion of renewable energy.

The World Bank has expressed its desire to invest up-to forty five million dollars in this project.

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Source: Baluchistan Express, The

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