IT Parks, NIC Help Promote Entrepreneurship In Pakistan

Soha Chaoudhary Published February 02, 2018 | 05:45 PM

Ministry of Information Technology and Telecommunication has established National Information Technology Park at Chak Shehzad Islamabad and incubation centers in Lahore and Peshawar in order to promote entrepreneurship across the country

ISLAMABAD, (UrduPoint / Pakistan Point News - 02nd Feb, 2018 ) :Ministry of Information Technology and Telecommunication has established National Information Technology Park at Chak Shehzad Islamabad and incubation centers in Lahore and Peshawar in order to promote entrepreneurship across the country.

Islamabad IT park key features include space for 5000 IT professionals, Data Center, incubation center, business Centers, and support infrastructure. Two more IT parks, will be established at Lahore and Karachi in near future.

After establishing NIC in Lahore and Peshawar, the ministry has announced the award of the contract to set up a pioneering National Incubation Center (NIC) in Karachi as well. Currently, 14 Software Technology Parks are providing nearly 1 million square feet of space to IT companies with state of the art facilities in numerous cities and more are in the pipeline in various phases including a 47.79-acre IT Park in Chak Shahzad, Islamabad.

Talking To APP, Minister for Information Technology and Telecommunication Anusha Rehman said, the IT ministry has determinately been working on IT infrastructure for the first there years of the tenure.

She said the ministry is still working on it as only strong infrastructure could take the IT sector to the next level. Chief' executive officer Ignite ' National Technology Fund (Formerly National ICT R&D Fund) Yusuf Hussain said "there are 140 project which are going to be executed but in the last one year, we have funded 30 projects." He said, establishment of the National Incubation Centers would assist in channeling the entrepreneurial drive amongst young graduates of the nation.

Responding to a question, he said, "We are working with universities, industry and startups because with collective effort we can deliver effectively and efficiently." He thanked the present government for taking important steps for IT industry and added 3G/4G has given the boost to IT industry.