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Initiation of IT Park Held in Islamabad

Islamabad: According to news sources, the Republic of Korea Ambassador Suh Sangpyo and Minister for Information Technology and Telecommunications Syed Amin ul Haque officially opened the Islamabad Technology Park.

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According to Syed Amin ul Haque, the IT Park is anticipated to be finished in 30 months and is a significant step in realizing Prime Minister Imran Khan’s goal for a Digital Pakistan.

Suh Sangpyo, who spoke at the occasion, stated that the creation of IT Parks is one of the key initiatives covered by the Economic Development Cooperation Fund (EDCF), a 2019 agreement between Pakistan and Korea. Korea will provide $500 million to this effort to help build the nation’s infrastructure.

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The ambassador added that the opening of Islamabad’s IT Park will support the development of a business-friendly environment for small and medium-sized IT firms. Pakistan’s IT capabilities may be enhanced with assistance from Korea through the development of its infrastructure, human resources, and technological capabilities.

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