The Islamabad IT Park, a flagship project under Pakistan’s Digital Pakistan Vision, is nearing completion with 71% construction progress and is expected to generate over 10,000 jobs once operational.
According to the Ministry of Information Technology and Telecommunication (MoITT), the project is being developed through a $76.3 million concessional loan from South Korea, reflecting strong international support for Pakistan’s technology sector.
A Hub for Innovation and Growth
The 12-story facility will cover 66,893 square meters and include two basement levels. It will provide office space for around 120 start-ups and small to medium enterprises (SMEs), along with testing labs, classrooms, an industry-academia linkage center, and an auditorium.
Designed to meet international standards, the IT Park aims to strengthen Pakistan’s IT exports, promote technology transfer, and foster collaboration between academia and the private sector. The park is expected to attract global technology firms and serve as a key enabler of Pakistan’s digital transformation.
Funded by South Korea, Built for the Future
The Islamabad IT Park, along with a similar project in Karachi, is funded by South Korea as part of a bilateral effort to boost Pakistan’s digital infrastructure. Despite challenges such as heavy rains, import restrictions, and economic constraints, the project has remained within its $76.3 million budget, with an additional $12.5 million allocated under the Public Sector Development Programme (PSDP).
Construction is expected to be completed by December 31, 2025. Once operational, the park will act as a center for innovation, investment, and employment, helping Pakistan’s IT industry become more competitive globally.