Rs. 11 billion has been allocated for IT parks in Karachi and Islamabad by the government to support the growth of the technology sector. The plan aims to build modern facilities where startups, software houses, and freelancers can work in better conditions and improve digital exports. These IT parks are expected to create new job opportunities and attract foreign investment in Pakistan’s growing IT industry.
Officials say the IT parks will include high-speed internet, training centers, and shared office spaces for technology companies. The goal is to support innovation and help young professionals in cities like Karachi and Islamabad gain access to better resources. Experts believe this investment will strengthen the digital economy and improve Pakistan’s position in the global IT market.
The government also expects these IT parks to encourage entrepreneurship and reduce unemployment among educated youth. Once completed, the parks are expected to become major hubs for software development, IT services, and digital startups in Pakistan.
This project is part of a wider plan to modernize infrastructure and boost exports through the technology sector. Authorities say more details about funding distribution and timelines will be shared in upcoming announcements.
Industry stakeholders have welcomed the initiative, saying it can help bridge the gap between local talent and global tech opportunities in coming years, with a strong expected impact across Pakistan.
