Islamabad IT Park to be Operated and Managed by Third Party Company
As more than 90 percent of its construction work has been completed, as sources indicate in the Ministry of Information Technology and Telecommunication, the Islamabad IT Park has entered its final stage and is projected to become operational within the…
As more than 90 percent of its construction work has been completed, as sources indicate in the Ministry of Information Technology and Telecommunication, the Islamabad IT Park has entered its final stage and is projected to become operational within the next 30 days.
Article outline
- What happened
- Background
- The bottom line
Key points
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- The Pakistan Software Export Board (PSEB) has issued an invitation to select a private-sector operator for the operation, management, maintenance, and commercialization of the IT Park.
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- A third-party firm will manage the day-to-day operations of the IT Park, including facility management, security, office-space utilization, commercial activities and revenue management.
- The project is projected to provide modern infrastructure to local and international technology businesses, startups and IT professionals.
In practice, a third-party firm will manage the day-to-day operations of the IT Park, including facility management, security, office-space utilization, commercial activities and revenue management. PSEB will oversee the operator's performance to ensure the effective functioning of the facility. Islamabad Police Problems Traffic Advisory for Sports Complex Musical Concert.
Notably, the Pakistan Software Export Board (PSEB) has issued an invitation to select a private-sector operator for the operation, management, maintenance, and commercialization of the IT Park. The move indicates that preparations are underway to create the facility operational after the completion of the remaining construction work.
Spread over approximately 720, 269 square feet, the Islamabad IT Park will offer office space for technology firms along with incubation centres, conference and training rooms, an auditorium, a business centre, commercial outlets, parking facilities and other supporting services.
For context, the project is projected to provide modern infrastructure to local and international technology businesses, startups and IT professionals. Its operationalization is additionally anticipated to backing Pakistan's digital economy, facilitate business expansion and strengthen the country's technology and software-export ecosystem. Stay Connected with ProPakistani.
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Taken together, the developments around islamabad IT Park to be Operated and Managed by Third Party Company point to a situation that is still moving, and the coming days should bring more clarity.
