The ICT R&D Fund Co Board has agreed in principal that the first Tech-City project will be established in Islamabad and will be extended further to all provinces and metropolitans subsequently in due course of time, said spokesman Ministry of IT.
The decision was made in the 35th Board of Directors meeting of National ICT R&D Fund Company, held at ministry of IT on Tuesday, said a press release.
Minister Information Technology Anusha Rahman headed the meeting while CEO National ICT R&D Fund Company Asif Roomi, Member (Telecom) Mudassar Hussain, Member HRD Tahir Mushtaq, MD, PSEB Asim Shehryar and other members of the Board attended the conference.
ICT R&D Fund Co will fund and monitor the project under the patronage of Ministry of Information Technology
Dr Shahid Qureshi apprised the board regarding different avenues of Tech-City model during a detailed presentation. The board was told that ICT R&D Fund Co will be responsible for the funding and monitoring of this project under the patronage of Ministry of Information Technology (the Government of Pakistan).
The Minister directed CEO ICT R&D Fund Co to prepare “RFP” along with KPIs for this purpose and that project will be replicated and extended to all provinces and metropolitans subsequently by keeping in view the volume of its success and achievements.
The Minister of State for IT stated that through tech-city model, Ministry wants to develop an eco-system to promote entrepreneurship in Pakistan. The purpose of this tech-city project is to provide an equal opportunity to youngsters with IT qualifications from even remote areas of Pakistan so that they would get the chance to show their creativity to launch new IT businesses successfully.