1st IT Park In Islamabad Gets Financial Backing From Exim Bank Korea

At the 28th Board of Directors meeting of PSEB in Islamabad, Minister of State for IT, Mrs. Anusha Rahman, announced that Exim Bank Korea has agreed to financially back the establishment of the first IT park in Islamabad. The bank’s official feasibility study will start in January 2015. Furthermore, the MD PSEB has been directed to settle all land issues with the CAA and acquire allocated land for establishing IT parks in Lahore and Karachi.

The Board meeting was attended by government officials from different department and representatives from [email protected], During the course of the meeting, the status and international certifications of IT companies and software houses registered with the PSEB were reviewed. Ways to increase Pakistan’s software export globally were also discussed.

MD PSEB asked for the approval of the board to participate and lead upcoming international IT events and seminars & exhibits that will be held in China. He also disseminated information about his visit to the US in which he met with Microsoft, Oracle and other top IT companies, which are very eager to invest in the IT sector of the country.

Anusha Rahman said, “We have to enhance the level of interaction between Government and indigenous IT companies. Therefore PSEB is directed to establish an “Interactive communication portal” to ensure an effective liaison with 1100+ IT companies, which are already registered with PSEB. We have also already granted the approval for the establishment of a tech-city to promote IT and Telecom sector in Pakistan and we will give space to young entrepreneurs for establishing start ups”.

She also instructed the PSEB to double the number of internships offered by the Board to cater to the growing number of prospective IT graduates.

Talal is a Director and the Editor in Chief at ProPakistani.


  • Shoaib

    Excellent initiative.IT related activities should be encouraged when online facilities are in full swing in the country due to data revolution through all means of internet(DSL,EVO,3G,4G,FTTH, etc)

  • Faizan Ali

    not bad