STZs in Islamabad to boost investments in next five years

ISLAMABAD: The Chairman, Special Technology Zone Authority (STZA) Amer Hashmi informed that the Special Technology Zones (STZs) in Islamabad will attract boost investments in the next five years.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, $100mn in investments will be attracted through STZs over the period of the next five years.

STZA and a private entity signed a Memorandum of Understanding (MoU) to establish the first technology park in Islamabad.

Speaking on the occasion, the chairman STZA informed that the inaugural technology park will be established over 150acres and it will help to create employment opportunities in the future.  

The chairman also informed that the technology park will comprise an energy-efficient building spanning over 250,000sqft and it will help to create 2500 skilled job opportunities.

Furthermore, the Chief Executive Officer of Islamabad (STZ) told that the zone will boost IT exports in the country along with attracting Foreign Direct Investment (FDI).

 

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Car-Free Zones Coming to Lahore’s Most Famous Markets

The Punjab government has introduced another major initiative aimed at improving public convenience in Lahore.…

1 day ago

Punjab Approves PKR 15.76 Billion Development Projects for Roads, Wildlife, and Tourism

Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…

2 days ago

LCCI establishes Rs3m Emergency Fund for KPK flood-hit people

LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…

4 days ago

Saudi Banks’ Lending Surges to SR3.2 Trillion in June, Propelled by Corporate Demand

RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…

4 days ago

CDA Sets 3-Month Deadline for Rs1.4B T-Chowk Flyover

ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…

5 days ago

Future Salalah City Announced: 60,000-Resident Urban Project to Transform Dhofar

SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…

7 days ago