PM Imran Khan inaugurates Special Technology Zone Lahore Technopolis

Government of PakistanPM Imran Khan inaugurates Special Technology Zone Lahore Technopolis

ISLAMABAD, Pakistan: Prime Minister Imran Khan paid a visit to Lahore on Thursday wherein he inaugurated the Special Technology Zone Lahore Technopolis.

The Special Technology Zone Lahore Technopolis has been constructed under Lahore Knowledge Park Company, where huge investment is being made to enhance the export potential in technology.

While addressing the foundation stone laying ceremony of the Special Technical Zone Technopolis in Lahore, Prime Minister Imran Khan said that the purpose of Lahore Technopolis is to provide facilities to Pakistani Companies.

The prime minister said that Pakistan can progress rapidly by bringing revolution through the IT Sector.

Imran Khan said that hurdles in business are being removed to accelerate economic activities. He said that boosting exports and the creation of new jobs are two main issues, adding that the economy cannot progress without boosting exports.

The prime minister also distributed licenses among 12 companies which would be operating in the Technopolis.

The event also marked the signing of a Memorandum of Understanding (MoU) for an investment of US$ 300 million for the establishment of another three Technology Zones in different parts of the Country.

The Special Technology Zones are being developed all across the Country would be home to Science & Technology Parks, manufacturing units, research and development centers of global tech companies, and software houses.

Earlier, the Punjab Chief Minister Sardar Usman Buzdar said that 700 acres of land will be allocated for the Special Technology Zone Lahore Technopolis.

The Chief Minister hoped that the project will be completed soon.

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