Lahore – Nov 24, 2022
An MoU was signed between Punjab Information Technology Board (PITB) Incubation Wing and Swyft Logistics to mutually support the development of the local startup eco system in Pakistan. The MoU was signed by PITB Joint Director Incubation Wing Hammad Khailque and CEO Swyft Logistics Muhammad Uns in a ceremony held at Arfa Software Technology Park.
Other officials from both organizations including PITB’s Incubation Wing Head of Partnerships Noman Zubair and Swyft Logistics Head of Sales Zahir Kamran, Head of Growth Ali Chaudhry and team members Ajwad Wasim and Mehak Najam were also present.
While appreciating the initiative, PITB Chairman Syed Bilal Haider said, “PITB is fully committed to supporting ambitious aspiring entrepreneurs and startups by creating an enabling environment to foster their skills and talents. It is also helping the startups in expanding their businesses nationwide by facilitating them through collaborations with relevant organizations.”
According to the MoU, Swyft Logistics would accommodate PITB startups by offering them special discounted rates for their Cash on Delivery (COD) & Online Paid deliveries. This would help the startups to compete with the existing players by offering discounted shipping rates. Furthermore, this would speed up the payment processing time for the startups for their COD shipments.
PITB’s Incubation Wing is a portfolio of projects targeted towards providing opportunity for aspiring entrepreneurs. These include Plan9, Regional Plan9, PlanX and National Expansion Plan of NICs. With 22 incubation centers nationwide, this is currently the largest network of technology incubators in Pakistan.