IT & ITES News

Govt allocates Rs90mln to establish 25 STPs

The government has allocated 90 million rupees for the establishment of 25 Software Technology Parks across the country to facilitate IT startups, freelancers, SME’s and IT companies.

The proposed project envisages the establishment of 25 STPs across the country including in Karachi, Lahore, and Islamabad by converting public, private owned, and dilapidated office buildings, factories, and warehouses to provide IT-enabled office space to IT & ITeS companies at affordable rates.

The main objective is to facilitate IT startups, freelancers, SME’s and IT companies operating across the country with a rental subsidy to meet their high operating costs and resolve workspace issues said an official of the IT ministry.

The project aimed to bring together innovative technology companies in a work conducive environment.

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