MoITT expands IT infrastructure to boost exports, job creation

ISLAMABAD: The Ministry of IT and Telecommunication (MoITT), through the Pakistan Software Export Board (PSEB), has established 43 Software Technology Parks (STPs) across the country, including including in Tier-II and Tier-III cities. These STPs house over 350 IT and ITeS companies, employing 18,000 professionals, with women representing 20% of the workforce.

These existing STPs generate $100 million in annual foreign exchange and $15 million in domestic revenue. To further enhance the ICT sector, large-scale IT Parks are under construction in Karachi and Islamabad. The Karachi IT Park, a $186 million project spanning 1.12 million square feet, is expected to be operational by 2027 and create 13,400 jobs, boosting IT exports by $90 million annually.

The Islamabad IT Park, costing $88.4 million and covering 720,000 square feet, is slated for completion in 2025 and will generate 7,500 jobs, increasing IT exports by $70 million per year.

Pakistan’s IT sector leads service exports with 40.68 per cent growth

In addition to infrastructure development, the government plans to establish 250 e-Rozgaar centres nationwide by 2027 to promote digital skills and support startups through the ‘Prime Minister’s Initiatives: Support for Startups, Specialised IT Trainings, and Venture Capital’ programme.

This comprehensive approach aims to empower citizens, drive IT exports, and strengthen Pakistan’s position in the global technology market.