technology park

Pakistan Software Export Board (PSEB) signed a memorandum of understanding (MOU) with UltraSoft System (USS) for establishing a software technology park in Quetta. The ultra-soft technology park would be comprising a space of 13,800 sq feet, the park is to be built near Quetta International Airport.

Moreover, speaking on the event, Syed Amin-ul-Haque, Federal Minister for Information Technology and Telecommunication, stated that Quetta is the largest city in Balochistan and hence the center of social, cultural, and commercial projects in Balochistan. He further informed that the IT industry was receiving prime priority from the state to enhance Pakistan’s economy, produce employment opportunities and improve the overall quality of life.

Furthermore, in this regard, the government has decided to build an information technology park near the Jinnah International Airport in the trade and commerce hub of Karachi for Rs 31 billion. He said that the enterprise was being presented with strong government support and notably engaging incentives.

There were numerous designs intended to promote and support the IT industry in its growth trajectory and guarantee continued momentum in the regional and export profits upward, he said. Syed Amin-ul-Haque announced that Pakistan’s information and communication technology industry had achieved stellar export profits execution.

He also stated that ICT export payments, including telecommunication, computer, and information services, rose to $1.7 billion at a growth rate of 45.88% during July-April of FY 2020-21, in contrast to $1.07 billion during July-April of FY 2019-20.

The Minister further informed that it was necessary to ensure the participation of women in the IT division as they could perform an important role in the export of IT products. Osman Nasir, Managing Director, Pakistan Software Export Board, announced that following the course set by the Minister for IT, PSEB had installed an industry facilitation hub to provide maximum support to the IT firms present in Quetta.

Read more: Software Technology Parks in the process of development, under public-private partnerships

Source: TechJuice


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