ESTABLISHMENT OF 25 SOFTWARE TECHNOLOGY PARKS
The proposed project envisages the establishment of 25 Software Technology Paarks (STPs) in KLI (Karachi, Lahore, Islamabad), secondary and tertiary cities and towns of Pakistan by converting public /privately owned dilapidated or defunct office buildings/ factories/ warehouses to provide IT-enabled office space to IT & ITeS companies at affordable rates. Tenant companies will receive a 25% rental subsidy during the first 12 months of the establishment of respective STP throughout the concurrency of project life. Tenant companies will receive free-of-cost bandwidth @256Kbps/professional during the first 12 months of the establishment of STP throughout the concurrency of project life. To date 18 STP have been established in Pakistan. All these STPS offer state-of-the-art facilities to enable ICT companies to operate 24/7 and offer mission-critical operations.