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Software Technology Park to be set up In Bannu

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ISLAMABAD, Pakistan: A Memorandum of Understanding (MoU) was signed between Pakistan Software Export Board, Khyber Pakhtunkhwa Information Technology Board and the University of Science & Technology, Bannu for setting up the first ever software technology park in Bannu, Khyber Pakhtunkhwa.

Osman Nasir, Managing Director-PSEB, Prof. Dr. Khair Uz Zaman, Vice Chancellor-University of Science and Technology, Bannu and Dr. Sahibzada Ali Mahmud, MD KP IT Board signed the MoU here on Wednesday.

The signing ceremony was attended by Syed Amin Ul Haq, Federal Minister for Information Technology & Telecommunication, Muhammad Atif Khan, Minister for Science, Technology & IT, KPK, Dr. Sohail Rajput, Federal Secretary IT, and senior officials from the Ministry of Information Technology and Telecommunication.

On the occasion, Syed Amin Ul Haq, the Federal Minister for Information Technology & Telecommunication said that Pakistan’s IT industry has achieved significant expansion and exports growth. The present government is focusing on the development of IT industry in the secondary and tertiary cities of Pakistan to generate holistic economic growth beyond Pakistan’s major tech hubs, he said.

He emphasized upon the need for close liaison between IT Industry and public sector entities for ensuring holistic growth of Pakistan’s IT sector.

KPK Minister for ST & IT and Food Department Atif Khan said that the steps being taken by Federal Ministry of IT and Telecommunication for fulfilling the vision of digital Pakistan are appreciable.

He said that the KPK government wanted to jointly work with the Federal Ministry of IT and Telecommunication for the promotion of IT.

The Secretary IT, Dr. Sohail Rajput said the MoU for establishment of a Software Technology Park in Bannu is a major achievement as it covers multifaceted cooperation in terms of establishing a software technology park at the university campus, facilitating startups and freelancers as well as enhancing industry-academia linkages for holistic growth of IT industry in the region.

MD PSEB, Osman Nasir said that seven software technology parks with a combined space of 153,949 sq. ft have been setup since January 2021.

is well under way towards establishing software technology parks in universities such as the Sir Syed University of Engineering and Technology (SSUET) Karachi, NED University of Engineering and Technology, Karachi, and Quaid-e-Awam University of Engineering, Sciences & Technology University (QUEST), Nawabshah.

Currently, there are 19 software technology parks across Pakistan with 1.2million sq. ft of space offering state of the art facilities to technology companies, he said.

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