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South Korea Help With $76.28Mn to Build IT Park in Islamabad

The Government of Pakistan has received a loan from the Republic of Korea in excess of $76 million for the establishment of an Information Technology Park in the nation’s capital.

The Ministry of Information Technology and Telecommunications (MoITT), which is the Project Executing Agency (PEA), has invited eligible bidders to submit proposals for the construction of the Information Technology Park, Islamabad, including the supply, installation, and commissioning of ICT infrastructure and security equipment.

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The following bullet points outline the work and procurement to be completed for this project:

Offices, share rooms (conference rooms, data centres, and so on), amenities, backup power, and parking area.

Implementation and commissioning of ICT infrastructure and security system.

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ICT infrastructure: building network, tier-three data centre, mis, wifi, video conferencing system, etc. – security system: fence security, system for human and vehicle control, CCTV, etc.

The estimated duration of construction and procurement is thirty months.

The Islamabad IT Project is anticipated to generate over 5,000 direct and indirect jobs during the construction phase, and approximately 15,000 jobs for IT professionals, students, and industry-related individuals following its completion.

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Syed Sadat Hussain Shah

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