Islamabad: The Capital Development Authority (CDA) on Wednesday reviewed the proposed master plan for a Special Technology Zone in Islamabad, designed to strengthen Pakistan’s tech sector and attract both domestic and international investment.
The meeting, held at CDA Headquarters under the chairmanship of Muhammad Ali Randhawa, was attended by Special Technology Zones Authority (STZA) Executive Director Aamir Saleemi and other officials.
During the briefing, it was revealed that 28 Special Technology Zones have already been notified nationwide, with 141 acres allocated for the Islamabad project. The zone will include a technology park, high-tech production facilities, and designated commercial and residential areas.
Officials added that the project aims to attract leading technology firms and entrepreneurs by offering tax and duty concessions along with other incentives to ensure competitiveness.
To ensure effective progress, the CDA and STZA agreed to form a joint working group for coordination and monitoring.
Chairman Randhawa emphasized that the initiative would help transform Islamabad into a technology hub while generating major employment opportunities in the sector.
