Pak-China IT Park in Islamabad Goes to Execution Phase

A “Go Ahead” is given for the finalization of the land identified with the stakeholders and for completion of other formalities for establishment of Science and Technology Park in Pakistan to The Xinjiang No.13 Division of Construction Corp, Hami, China.

Sources revealed that Xinjiang No 13 Division asked for providing the digital map of land Islamabad city for working on the plan and the starting of the feasibility study. The details of the component companies in this venture from Chinese will be provided very soon.

The establishment of Pak-China international science and technology & commercial and logistic park in Pakistan looking at an investment to around $1.5 billion under the China-Pakistan Economic Corridor (CPEC) was agreed to by China.

The area of construction will be in the stretch of 500 hectares and completion of the project will be a period of 10 years in 3 distinct phases of 3, 4, and 3 years respectively.

The structure of investment is equity participation by providing land by Pakistan, while the finance is from China. This is a co-ownership venture between Pakistani side and Chinese side and Chinese partners will pull in merchants and project investment. An employment generation of up to 150,000 personnel is looked at during this period.

The project has two parts:

  • Establishment of Science and Technology City
  • Establishment of Commercial and Logistics Park


COMSATS Institute of Information Technology (CIIT) will be undertaking Science and Technology City along with Chinese companies. A commercial and logistic park proposed to be co-owned by National Logistics Cell (NLC) from Pakistan side is also agreed upon by the Chinese.

The key functions of the Science & Technology Park are:

  1. To provide an exhibition and developmental platform for academia and industry (local and international)
  2. To develop knowledge-based enterprises by undertaking research based routes to the development and commercialization of ideas and technologies
  3. To act as a knowledge provider by establishing university research and education infrastructure, applied research laboratory facilities by public bodies at the Technology Park
  4. To be a dynamic business and trading platform for local and international industries
  5. To showcase Pak-China commodities in order to provide impetus to the existing collaborative ventures while simultaneously encouraging new linkages
  6. To act as a wholesale and retail market
  7. To provide Financial support services such as through establishing venture capital entities, regional development agencies and/or banks at the Technology Park
  8. To provide modern e-commerce platform keeping up with latest global trends
  9. To act as an investment and financing platform for novel startups and technologies
  10. To set-up Business Incubators and Business Development Centers, both for male and female entrepreneurs alike.


The Technology Park will be a real-estate development entity owned by the Pakistan government / COMSATS Institute of Information Technology and taken care of by qualified professionals.

It looks for supporting innovation, entrepreneurship, promotion of S&T ventures, providing interface to academia and industry and kindling the competition of the geographic environments by locating knowledge producing, adapting and using enterprises.

The positive factors behind the Pak-China IT Park are increased economic activity via investments and jobs creation, enhancing capability, making the knowledge ventures more visible, and knowledge workers knowledge workers mobility.

PSEB – Internship for 3000 IT graduates yearly in National ICT Internship Programme

PSEB’s Board ready to upgrade the volume of the Prime Minister’s internship programme and endorsed to give internship to three thousand IT graduates including 30% female graduates yearly.

These interns will be set at IT organizations, IT Departments of Telecom Sectors organizations, Banks and other such Organizations. With the goal that IT graduates add to the expertise set to build their employ-ability possibilities. Length of time of the Internship will be 6 months.

It was chosen in 31st directorate meeting which was led by Minister of State for IT Mrs. Anusha Rahman.

Government Secretary IT, Mr. Azmat Ali Ranjha, MD PSEB, Asim Shahryar Husain, Chairman PTA Dr. Ismail Shah, Member Telecom Mudassar Hussain, Member HR/IT Tahir Mushtaq, Chairman @PASHA, Syed Ahmad, and agents from TDAP were likewise present in the meeting.

The Board communicated its worries on sales taxes being required by the commonplace governments on IT Companies considering that IT sends out income is excluded from taxes at present. A four part board of trustees including Member IT, Member Legal, MD PSEB and Chairman @Pasha has been constituted and ordered to look into the “taxation issue” instantly. The Committee will present its report with proposals to the Ministry for thought. A formal lawful feeling in such manner will likewise be looked for through the Ministry of Law and Justice also.

The Minister also coordinated MD PSEB to add to another intelligent site which ought to highlight the advantages of incorporating so as to put resources into Pakistan’s IT industry fundamental points of interest of all IT organizations which are enrolled with PSEB and that it ought to be overhauled all the time.

MD PSEB said that PSEB is working intimately with STEPI Korea to finish feasibility study for another best in class IT park in Islamabad by February 2016. The Minister coordinated PSEB to finish up consenting to the loan arrangement with Korean government by summer of 2016.

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