In a briefing to the Nationwide Meeting, Shaza Fatima Khawaja shared that 43 Software program Expertise Parks (STPs) have been established in Pakistan by the Ministry of Data Expertise and Telecommunication (MoITT) underneath the PSEB.
Increasing IT Infrastructure Throughout Pakistan
The lately arrange STPs are essentially present in tier-II and tier-III cities, giving workspace for over 350 IT and IT-enabled Providers (ITeS) corporations. These corporations make the most of roughly 18,000 specialists, with girls making up 20% of the workforce.
Financial Contributions of STPs
- STPs generate $100 million in overseas alternate earnings yearly.
- They contribute $15 million in home income every year.
Main IT Parks Underneath Improvement
To additional strengthen the nation’s IT infrastructure, the federal government is growing two state-of-the-art IT parks in Karachi and Islamabad.
Karachi IT Park
- Measurement: 1.12 million sq. ft
- Completion Yr: 2027
- Venture Value: $186 million
- Employment Era: 13,400 jobs
- Anticipated IT Export Improve: $90 million
Islamabad IT Park
- Measurement: 720,000 sq. ft
- Completion Yr: 2025
- Venture Value: $88.4 million
- Employment Era: 7,500 jobs
- Anticipated IT Export Improve: $70 million
These tasks are key to the authorities’s broader technique to reinforce the ICT ecosystem and place Pakistan as a world IT hub.
Launch of e-Rozgaar Facilities for Freelancers and Entrepreneurs
The MoITT has deliberate to determine 250 e-Rozgaar facilities over the following three years underneath the Public Sector Improvement Program (PSDP). These facilities fall underneath the Prime Minister’s Initiatives—Help for Startups, Specialised IT Coaching, and Enterprise Capital.
- Freelancers and entrepreneurs supported: 25,000
- Projected income enhance: $18–20 million
- 50 e-Rozgaar facilities to grow to be operational in FY 2024-25
Pakistan’s First-Ever Ladies Expertise Park
Pakistan’s first Ladies Expertise Park is being created in collaboration with Ladies College in Bagh, Azad Jammu and Kashmir (AJK).
Moreover, the PSEB is working with the Particular Communications Group (SCO) and the Gilgit-Baltistan authorities to construct up an STP within the area.
Strengthening IT Capabilities and World Outreach
The federal government has additionally launched varied packages, in session with the ICT trade, geared toward:
- Enhancing IT professionals’ expertise
- Supporting IT corporations’ progress
- Facilitating world advertising and participation in worldwide occasions
Speedy Progress in ICT Exports
Pakistan’s ICT sector has skilled essential improvement, with export remittances increasing by 32.7% within the to start with 5 months of FY 2024-25, coming to $1.53 billion in comparison with $1.15 billion throughout the identical interval closing yr.
- In November 2024 alone, ICT send-out settlements stood at $324 million, checking a 25% increment from November 2023.
- The IT and IT trade completed an alternate extra of $1.35 billion, reflecting a 36.5% rise from the $989 million recorded previously yr.
In distinction, Pakistan’s normal providers sector reported a commerce deficit of $1.148 billion throughout the identical interval.