Key Takeaways
- Federal Minister Ahsan Iqbal announces 15,000 jobs and $100 million in annual ICT exports for Karachi’s IT Park.
- The project, a flagship E-Pakistan initiative, is being developed by the Pakistan Software Export Board near Jinnah International Airport.
- Rs. 3.75 billion has been allocated for the project under the 2026-27 Public Sector Development Program.
Federal Minister for Planning Ahsan Iqbal has announced that the upcoming IT Park in Karachi is expected to create 15,000 jobs and generate up to $100 million in annual ICT exports.
The project, a key component of the government’s Uraan Pakistan initiative, is being developed by the Pakistan Software Export Board (PSEB) near Jinnah International Airport.
The IT Park will feature approximately 1.18 million square feet of covered space, including 220 modern offices and 30 startup spaces, along with a Tier-III data center.
Designed to serve as a regional technology hub, the facility aims to support IT companies, startups, and technology-focused businesses, thereby strengthening Pakistan’s digital economy and export capacity.
Official budget documents show that Rs. 3.745 billion has been earmarked for the project this fiscal year, with a total allocation of Rs. 3.75 billion under the 2026-27 Public Sector Development Program.
The project is currently under construction and is expected to transform Pakistan’s digital landscape.
In June, a National Assembly committee directed authorities to accelerate the project, which was still in its initial stages at that time.
The government’s commitment to the project is evident in the significant financial backing and the strategic location of the IT Park near the airport.
